Business

Apple pushes digital wallet with Apple Pay

By Mae Anderson
Published September 10, 2014 2:02pm ET
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Apple pushes digital wallet with Apple Pay
Apple CEO Tim Cook introduces the new Apple Pay product on Tuesday, Sept. 9, 2014, in Cupertino, Calif. (AP Photo/Marcio Jose Sanchez) | Marcio Jose Sanchez

NEW YORK (AP) — Apple is betting that people want to pay with a tap of the phone rather than a swipe of the card.

The technology company on Tuesday introduced a new digital wallet service called Apple Pay that is integrated with its Passbook credential-storage app and its fingerprint ID security system.

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