Apple’s big media event is underway and the company has just announced its hugely ambitious project to kill off the wallet. Although Google has tried to do this in the past with its Google Wallet app, Apple is going to try to take advantage of its hundreds of millions of iTunes accounts to get the job done. The new service will be called Apple Pay and it aims to take all of the pain points from having multiple credit cards and identification cards in our wallets. For the latest breaking news from Apple’s huge event, be sure to check out our event hub! Developing…
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