Apple’s big press conference is underway and while the subject matter isn’t exactly a surprise — we all knew the Apple Watch would be the star of the show today — it’s the details we’re concerned with. Those details started coming out at breakneck speed the moment the show started in California on Monday, and now Apple has demonstrated how Apple Pay will work on the APple Watch.

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Apple demoed a bunch of great functionality on stage at the event, and Apple Pay was clearly one of the coolest things we saw.

When you’re in a store and getting ready to pay at a location that accepts Apple Pay, you can simply move your watch toward the payment terminal. Apple Pay will automatically open on your watch’s display, and you’ll be able to complete the transaction as you would on an iPhone 6.

One of the coolest things about Apple Pay on the Apple Watch is the fact that you no longer need an iPhone 6 or an iPhone 6 Plus to use Apple Pay in stores. Now, a user with any older iPhone that’s compatible with the Apple Watch will be able to use Apple Pay.

Remember: You can watch live streaming video from the event!

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.