Apple Pay is a prime example of Apple’s famous ... All that’s required is holding the device nearest the NFC reader and confirm the transaction with biometrics like Face ID or Touch ID.

On Thursday, Apple celebrated 10 years with Apple Pay and announced how the service will evolve in the future, including features like redeeming rewards and expanding installment loan options.

Apple also announced at its developers conference a Square-built mobile Apple Pay reader and a number of new big-box retailers that will accept Apple Pay. The expansion points to Apple’s ...