Re: Apple Pay?
"Am I the only one who can see just a tiny security flaw with scenario 2? Relieve a fanboi of two bits of shiny, and spend, spend, spend,"
You are the only one who can see a tiny security flaw, because there's a bit that you are missing: Paying with the watch only works as long as you wear it. Take it off, and you have to enter the PIN to pay. Which the thief wouldn't know.