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What Are The Implications of 'Apple Pay'?04:11

This article is more than 6 years old.

Yesterday in Cupertino, Apple introduced the world to the iPhone 6, the new Apple Watch, and a mobile payment system called Apple Pay.

Apple says the system would be more secure than credit card transactions, but questions about security persist.

Maggie Lake, a business reporter for CNN joins Here & Now's Jeremy Hobson to look at security questions and also what the new payment system means for credit card companies.


This segment aired on September 10, 2014.

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