New Wine in Old Bottle, Apple Pay Experience

We have covered Apple Pay extensively since it was launched almost 3 months ago, so most of the birth pangs as well as its early triumphs have been covered well here at LTP. This article is about a specific experience with this weeks-old digital wallet that was comforting and sobering at the same time.

First, the comforting part, even though out of sequence: My iPhone 6 Plus was locked out because of too many incorrect passcode attempts. There was no solution other than perform a factory reset on the device. Fortunately, the device was recently backed up to iTunes, so I felt pretty confident that a factory reset would not cause it to lose any data. True, except for Apple Pay! None of the information about the cards I had scanned and activated ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 30 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.