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Updated: Friday, September 26, 2014

Harbortouch CEO says Apple Pay more than NFC

The launch of Apple Inc.'s near field communication (NFC) -capable mobile payment scheme, Apple Pay, in conjunction with the debut of the iPhone 6, has been hailed as the future of contactless, in-store payments. But Jared Isaacman, Chief Executive Officer at merchant services firm Harbortouch, said Apple Pay will go well beyond NFC in transforming the consumer's in-store payments experience.

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