mobile payment system

Apple’s product launches are covered with breathless enthusiasm usually reserved for royal weddings and vaccines for dread diseases. The recent launch of...ApplePay—which, if widely adopted, will allow Apple’s discerning customers to make electronic payments from their phones in situations where they would have used credit cards or cash. In other words, if all goes well, Americans will soon be able to do something that Kenyans have done every day for ten years.

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