Apple Pay: boon or security nightmare?

‘Steven Spielberg’s 2002 film Minority Report conjures up an eerie, futuristic world of targeted advertising where privacy no longer exists. Fast-forward 13 years and the idea might not be far off the mark, if Apple Pay proves as much of a hit as the tech giant hopes it will be.

Its mobile payment system launches in the UK for owners of the iPhone 6, the Apple Watch and even those with the latest versions of the iPad. It will allow users to upload credit or debit cards to Apple’s Passbook, and then pay for goods by simply holding their device against contactless readers in shops.’

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