Apple Pay available on October 20

When Apple first unveiled its Apple Pay payments system last month it promised the feature would be enabled as part of upcoming iOS software update in October. That software update, iOS 8.1, will debut shortly and Apple Pay will be available on October 20th, bringing Apple Pay to all iPhone 6 and iPhone 6 Plus owners.

Works with American Express, Mastercard and Visa.

Apple has been working with American Express, Mastercard and Visa to link credit cards to the Apple Pay service so you can simply tap an iPhone at stores like McDonald's, Disney and more.

Simply tap iPhone at stores like McDonald, Disney...

Apple has added upto 500 new banks to the Pay service.

Apple Pay uses a combination of the Touch ID fingerprint sensor and an NFC chip inside the iPhone 6 and iPhone 6 Plus to allow owners to touch a NFC sensor at a sore and confirm a payment with Touch ID.

Now Developers can take advantage of Apple pay and can integrate the system into their apps, allowing the iPhone users to select the Apple Pay as a payment within a app and confirm with Touch ID.

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