Apple Inc. (NASDAQ:AAPL) has decided to launch a mobile payment system. The first such system by Apple Inc. (NASDAQ:AAPL) will be launched in this month according to the company. However, a specific launch date is not confirmed as yet. However, a memo was leaked, which suggests that Apple Inc. (NASDAQ:AAPL)’s first mobile payment service will be rolled out by Walgreens (NASDAQ:WAG)’s stores by 18^th October, in the next week.

In the first sentence of this memo, Apple Inc. (NASDAQ:AAPL) says that it will launch its new service, which will be called Apple Pay, on 18^th October. However, from the memo, it cannot be determined if the service will start off only at Walgreens (NASDAQ:WAG) or will be rolled out from every retailer.

The memo was addressed to all the store managers of Walgreens (NASDAQ:WAG)’s stores saying that Apple Inc. (NASDAQ:AAPL) is all set to launch its mobile service, Apply Pay, on 18 October. The memo talked about the preparations that the stores will need to make in order to get ready to roll out the app. In order to address the concerns of customers, Apple Inc (NASDAQ:AAPL) has attempted to educate the store managers in this memo. According to the company, this new service will support the core mission of Walgreens (NASDAQ:WAG) of being the most loved health and beauty enterprise. The Apple Pay will show that Apple Inc. (NASDAQ:AAPL) is still committed to providing excellent customer convenience and it will also help to reinforce the position of the company as an innovator in the mobile market.

Apple Inc. (NASDAQ:AAPL) has made the Apple Pay an extremely easy and convenient service. According to the memo, those customers who are willing to participate in using the new service can use it IMMEDIATELY. The customers only have to tap the iPhone 6 to the upper part of the pinpad. This will allow the customer to pay for their purchase. See how extremely easy and convenient the new service is for iPhone 6 users? This service is secure and ensures the privacy of the customer. The data in his phone will be absolutely safe, as per the memo.

This is the first time that Apple Inc. (NASDAQ:AAPL) has made any move in payment services through mobiles. This service can only be availed by the users of iPhone 6 or the iPhone 6 Plus. Certain retailers will roll out the Apple Pay service. The iPhone users just need to tap the iPhone to make their payments. The service will be supported by Petco, McDonald’s, Walgreens, Subway, Apple stores and Macy’s when it is launched.

Apple Inc. (NASDAQ:AAPL) is always the top-of-mind technology. It has stood by its claims at being the world-leader and -innovator in mobile technology. After the success of iPhone 6 and iPhone 6 plus, the company is still getting a huge number of demands for more phones such that analysts actually believe that the company will have to delay its launch of the new iPad in order to make time for phone production. This new service is likely to be a phenomenal success.

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