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Apple Pay is a mobile payment service by Apple Inc. that allows users to make payments in person, in iOS apps, and on the web. Supported on iPhone, Apple Watch, iPad, Mac, and Vision Pro, Apple Pay digitizes and can replace a credit or debit card chip and PIN transaction at a contactless-capable point-of-sale terminal.
Telephone banking. Telephone banking is a service provided by a bank or other financial institution that enables customers to perform over the telephone a range of financial transactions that do not involve cash or financial instruments (such as checks) without the need to visit a bank branch or ATM.
iOS jailbreaking. iOS jailbreaking is the use of a privilege escalation exploit to remove software restrictions imposed by Apple on devices running iOS and iOS-based [a] operating systems. It is typically done through a series of kernel patches. A jailbroken device typically permits root access within the operating system and provides the right ...
e. Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose.
Touch ID. Logo used by Apple. Touch ID module of an iPhone 6s. Touch ID is an electronic fingerprint recognition feature designed and released by Apple Inc. that allows users to unlock devices, make purchases in the various Apple digital media stores (iTunes Store, App Store, and Apple Books Store), and authenticate Apple Pay online or in apps.
Source: World Bank (2014) [1] [2] [3] Source: Bain & Company (2012) [4] In the table below, usage is defined as the percentage of percentage of financial account holders who made a transaction using a mobile phone in the previous twelve months. Data is sourced from the World Bank's Global Financial Inclusion database.
Apple–FBI encryption dispute. An iPhone 5C, the model used by one of the perpetrators of the 2015 San Bernardino attack. The Apple–FBI encryption dispute concerns whether and to what extent courts in the United States can compel manufacturers to assist in unlocking cell phones whose data are cryptographically protected. [1]
The iPhone is a smartphone produced by Apple that uses Apple's own iOS mobile operating system. The first-generation iPhone was announced by then–Apple CEO Steve Jobs on January 9, 2007. Since then, Apple has annually released new iPhone models and iOS updates. As of November 1, 2018, more than 2.2 billion iPhones had been sold.