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As we all know Apple Pay only be used to pay for products in retail stores or online stores . But in the future, the system of payment in Ios devices can be used to transfer money to other users. The new capabilities of Apple Pay system was contained in technology patents recently filed Apple to the United States Patent and Trademark Office (SUPTO), as reported by Patently Apple. The patent further describes a method to perform payment transactions using encrypted credit card data between devices iPhone, iPad and Apple Watch. 

Using electronic devices (such as cellular telephones) that communicate wirelessly, two individuals can make person-to-person payments. In particular, an individual using an electronic device may identify another proximate electronic device of a counterparty in a financial transaction, and may provide an encrypted payment packet to the other electronic device that includes: a financial credential for a financial account of the individual, a payment amount, and a payment sign. 

Users can perform payment transactions in the Wallet application using Touch ID fingerprint scanner so that the process runs safely, easily and quickly. Wallet app itself is an application that replaces the Passbook app for storing a variety of credit card information and also the tickets. 

The user interface may display a prompt to the user to provide authentication information (such as ‘please touch the fingerprint sensor’). 

Payment will be charged to the credit card that supports money transfers between users. The process is also claimed to be very safe because encrypted closely. 

Apple filed a patent technology in the third quarter of 2014 is credited in the name of Timothy Hurley, Apple Pay Senior Director of Engineering as one of the joint inventors Pay Apple engineers, Ahmer Khan. Timothy Hurley himself is a former Apple employee who recruits Citibank to handle the payment service.

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