Software Assurance, LLC

Promises:  •    Touch ID (fingerprints) authorized payments •    More Secure with Tokenization: Transactions with Unique 16-digit code generated by Secured Element Chip  •    NFC Payments: More secure than traditional card payment •    Payments are Private: Doesn’t save your transaction details  •    If Phone is Lost/Stolen; Apple Pay can be locked remotely and Transaction can be suspended •    More control of Apple: Hardware, OS and Software all under Apple’s Control •    Support from 220K Merchants and Growing  Challenges: •    Works with iPhone 6 and 6+: Existing Users of older versions are left out •    Slow Adoption of Technology for Consumers and  Merchants •    Many Retailers yet to have Point-of-Sale Systems for NFC Payments

“We've placed a lot of energy into creating an entirely new payments solution.” – Tim Cook “Apple Pay is easy, secure, and private.” – Eddy Cue The vision is to replace the wallet. And the starting point is payments. The entire payment process is based on technology invented more than 50 years ago. Everything you need for Apple Pay is built into iPhone 6. A groundbreaking NFC antenna. The security of Touch ID. The privacy of the Secure Element and the convenience of Passbook. To add a different card, just use your iSight camera. To get started with Apple Pay, you can simply add a card from your iTunes account. Pay with the simple touch of your finger using Touch ID. When you add a card to Passbook, its number is never stored or shared on your device or Apple servers. Apple Pay is more secure than keeping cards in a wallet. If you lose your iPhone, you won't have to cance...