Didn't they say in the keynote the user would have to go to his or her bank institution to verify something?
I don't see why but I know it was said. I'm hoping its as easy as taking a photo of the card,but then again it could be anyone's card?
Actually, the process of adding a card to a phone is more complex than just having someone else's card in your hand and putting it into your own phone. The process includes:
"Additionally, as part of the Link and Provision process, Apple shares information from the device with the issuing bank or network, like the last four digits of the phone number, the device name, and the latitude and longitude of the device at the time of provisioning, rounded to
whole numbers. Using this information, the issuing bank will determine whether to approve adding the card to Apple Pay."
Also:
"Additional verification:
A bank can decide whether a credit or debit card requires additional verification. Depending on what is offered by the card issuer, the user may be able to choose between different options for additional verification, such as a text message, email, customer service call, or a method in an approved third-party app to complete the verification. For text messages or email, the user selects from contact information the bank has on file. A code will be sent, which the user will need to enter into Passbook. For customer service or verification using an app, the bank performs their own communication process."
See iOS Security Guide October 2014:
http://images.apple.com/privacy/docs...e_Oct_2014.pdf