Apple pay is a feature that was launched by the company that replaced the service of the digital wallet and allowed payment to be made by the user’s mobile phone. The recent times, Apple has been adding more card issuers, banks and retailers to their Apple pay acceptance list in Canada, Australia, UK and US. The company seems to be doing a good job to ensure that it get more users into its platform and also plans to launch this service is China which is known to be the biggest markets.

The company is partnering up with China union Pay which is a local bank. Once the partnership is completed, then the launch of the service will be scheduled. There are even words that after this particular launch, the company is also planning to launch Apple pay in other market as well within this year. Along with that, Apple is also interested and planning to develop an Apple pay feature that will allow the user to transfer money between family friends.

In the recent times, the feature had a problem that was reported pertaining to a possibility of financial information leak. The company has also come up with the latest security update which fixes around various kinds of iOS bus which includes the problem that people are facing pertaining to the sensitive financial information, there was a problem that was reported about 3rd parties were able to have a look at the information while the payment was being made.

This particular problem gave opening to the fact that hackers could gain access to the information as the transactions that were made recently were traceable. All the details of the transaction could be found and hackers could obtain them through the platforms of feature. With the new security update, this possibility has been removed completely.