Apple today announced Apple Pay, its long-awaited mobile payment system. The technology relies on a mix of Passbook, Touch ID, and new NFC and “Secure Element” hardware in the iPhone 6 and 6 Plus. Users can add credit cards from their iTunes account, or take a photo of one and verify it with the bank. A credit card number isn’t stored on a phone or shared, and transactions are tokenized, as was rumored. Should a phone be stolen, Find My iPhone can be used to disable purchasing functions, eliminating the need to cancel cards. Cashiers don’t see any of the transaction data….