It's worth noting that tokenization isn't an Apple thing - it's something the card networks came up with a year ago: <a href="http://about.americanexpress.com/news/pr/2013/mc-visa-amex-propose-new-global-standard.aspx" rel="nofollow">http://about.americanexpress.com/news/pr/2013/mc-visa-amex-p...</a>
What I don't get is how something like this could be patented. Isn't it all obvious? I think we had every single non-trivial component (single-use tokens passed over secure channels, initialize-send-retry_if_failed loops and other stuff) for years. If the "innovation" is that those are now used for payments over NFC — I don't get it. Or I've missed something novel on a quick glance.
"That could be ideal for the forthcoming iPad, which is rumored to offer Touch ID and Apple Pay"<p>Can't wait to be in line behind the person fumbling to get our their iPad to pay for a pack of gum. Phone and watch should be smooth though.
original post: <a href="http://appleinsider.com/articles/14/10/09/apple-outlines-apple-pay-nfc-operation-in-comprehensive-patent-filing" rel="nofollow">http://appleinsider.com/articles/14/10/09/apple-outlines-app...</a>
Patents need have little to nothing to do with products, and any article which claims that a patent disclosure reveals something unannounced about a product can be ignored without reading.