Apple’s new Apple Pay service was made available yesterday with the release of iOS 8.1. With this update, any iOS device that contains a near field communications antenna, which at this point are only the iPhone 6 and 6 plus (though 5S owners will be able to use it with Apple Watch), will be able to set up and store banking information that can be used with the payment system that Apple claims is far more secure than giving merchants credit card numbers and other bank account information. Continue reading ⇒