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Apple Pay mobile payment service will launch on Monday

By in Tech, technologyNews on October 16, 2014

Apple CEO Tim Cook said last month that Apple’s vision is to replace a wallet, and more specifically to replace antiquated, plastic credit cards. Cook noted that there are more than 200 million credit card and debit card transactions processed per day in the U.S. with consumers spending more than $12 billion every day between credit cards and debit cards.

Image: Apple