Navy Federal among first to debut Apple Pay

by: John San Filippo

The $62 billion Navy Federal Credit Union announced Monday its support for Apple Computer’s new Apple Pay mobile retail payment system.

Apple Pay was introduced to the world Sept. 9 with the launch of the iPhone 6 and related devices. It is based on near-field communication technology built into the iPhone 6. It’s estimated that tens of millions of Apple Pay-enabled devices have already been sold.

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