It’s clear that there was pent-up demand for a large screen iPhone. With iPhone 6 plus launch Apple is all set to take the market by storm. iPhone 6 plus features 5.5inch Retina HD display , second generation 64-bit chip, improved camera sensor, NFC chip and more. iPhone 6 features nearly the same features as iPhone 6 plus except the display size which is 4.7 inch and doesn’t feature optical image stabilisation.

The new iPhones will be available in retail stores on September 19. Eager customers began queuing outside the stores much before the phone was announced. Apple may face shortage of stock to meet the release day demand. This has become a trend of sorts with all major product launches from Apple in the recent past.

Apple’s CEO, Tim Cook, didn’t hesitate to comment that iPhone 6 will be mother of all upgrades. Publications that have published early impressions seem to be highly positive about the new phones.

With both new phones featuring larger displays there is something new to experience for everyone. Apple Pay could also play a major factor in bringing in new customers as Apple plans to revolutionise mobile payments. Apple claims that Apple Pay will be easy, fast and secure. The service demo shown during the event involved bringing the phone near the NFC device and simply touching the Touch ID to authenticate payment. The company claims that it will not store any data on its server and will use token system to completely randomise every transaction without storing any sensitive information.

Bigger display, NFC, better camera, faster processor and thinner design that’s exactly what people wanted and Apple has delivered.

Did you manage to pre-order your new iPhone? Which one did you order, iPhone 6 or iPhone 6 Plus? Let us know in the comments below.

Apple’s new Passbook feature, introduced with the latest iOS 6 is compatible with a host of apps on the Apple App Store, and is capable of storing boarding passes, gift cards, tickets, and even prescription, putting them all in one place for easy access.

Upon release of the new Passbook app on iPhones and iPod touches, the only airlines that supported the feature were Lufthansa and American Airlines, which allowed users to store and scan their boarding passes directly on their devices. Late last week, Air Canada released an update to their iPhone app, adding electronic boarding passes through Passbook, as well as support for the iPhone 5.

Customers who check-in on mobile.aircanada.com, aircanada.com or at and airport kiosk and access their Electronic Boarding Pass with a supported device (iPhone or iPod touch on iOS 6) will receive the Passbook version of the Electronic Boarding Pass. The Passbook version works just like our existing Electronic Boarding Pass and will allow customers to identify themselves at airport kiosks, check-in counters, enable them to pass through security and board their flights.

Air Canada has also mentioned that they have Passbook enhancements planned for 2013, which will likely further integrate the Air Canada iPhone app features into Passbook. As more airlines adopt the Passbook format of their electronic boarding passes, as well as other companies including their services through Passbook, it is becoming increasingly simpler for users to use their iPhone and iPod for mobile payments. If Passbook becomes a major feature of the iPhone, it is also very likely that NFC would become a possibility, and perhaps even the arrival of credit and debit cards on the iPhone.

{Via iMore — Image Credit: iPhoneInCanada}

They even go so far as to say this..

Deutsche Telekom announced that it expects NFC phones in 2011 from Apple, Samsung[Nexus S?] in Q2, and RIM & LG in Q3. The company expects mobile payments replacing cash to be the most popular use for NFC technology, followed by mobile ticketing for services such as public transportation.

It certainly also seems that VISA are serious about getting into NFC payments as soon as possible. We’ve reported on that in the past. VISA have been experimenting with additions for the iPhone (and other smart-phones) which allow it to take payments via NFC today. They recently ran training and some PR on this in Europe.

It is worth remembering that T-Mobile’s slides could simply be explained as them making an educated guess – like the rest of us. Secure in the knowledge that NFC dongles are on their way in any case.

So one way or the other, even if Apple do the very unexpected and skip NFC this year, there will still be a lot of this in our immediate future.

Looking forward to a “Digital Wallet”? Have your say in the comments…

PayPal recently updated their iPhone app with ‘Bump’ integration and are serious about promoting the popular online money transfer service as a complete mobile payment solution.

Yesterday they posted a new video on YouTube highlighting the new ‘bump’ and ‘request money’ feature being used between two friends to share expenses.

With the new update now available PayPal is encouraging users to send money to family and friends from their iPhone.

Have you tried to bump your expenses using the new PayPal iPhone app yet?

PayPal first launched their free app back in 2008 and since then they have slowly improved their features, on Monday they released a huge update to their already popular application. PayPal have now joined forces with Bump another already popular app, to enable users to send payments by ‘bumping’ into each other.

How bump works is you decide what you want to send to a friend, for example a photo, you both need the Bump app and you just Bump from one app to the other the photo you chose. Now though you can also do this with payments through your PayPal account. So theres no excuse for not getting your buddy to give you their share of the drinks! All it requires to do this is an internet connection whether it be 3G, Edge or wifi and that both parties have the PayPal app.

PayPal have been improving and trying to grow the revenue from this app since launch and the Wall Street Journal reported,

For PayPal, the new app is part of a long-term effort to bring its online payments–which started out as a way to pay on eBay–into the mobile world. PayPal first launched mobile payments through SMS and a voice response system in 2006, and launched an initial version of its iPhone app in 2008, followed since by apps for Android and Blackberry.

In 2008, PayPal’s mobile apps completed 24 million transactions; in 2009, that leapt to 140 million. Eric Duprat, PayPal’s general manager of mobile says the market is only set to grow, but he wouldn’t predict by exactly how much.

With this new feature I’m sure these figures will increase. Along with the new Bump addition there other new features that will be welcomed by users, there is now an integrated bill splitter and tip calculator. You can also set reminders via the app to alert you when you need to make any recurring payments for upcoming bills.

Wall Street Journal goes on to report, that PayPal (iPhone app) are hoping that this way of making payments will become more popular and that more and more people will use it in their everyday life. For example to pay their rent, getting friends to pay them back any borrowed money and students can quite easily get their parents to pass them more money. There is no fee to do these Bump payments if the customer has their regular bank account linked with PayPal. If they don’t then there will be a fee for taking the money from their credit card but with this new update Paypal will ensure they are up front with the fees and how much they are.

I think this is great new addition to PayPal and no doubt welcomed business for Bump as well, who according to TechCrunch are still a young start up.

What do you think of these new features? Will you be using them?