AlHijjah 22, 1435, Oct 16, 2014, SPA -- Apple Inc's new electronic payments service will launch on Monday, after the iPhone maker signed up another 500 banks to support a feature that competes with eBay Inc's PayPal and other online systems, Reuters reported. Chief Executive Tim Cook, speaking at a Thursday event at which Apple is expected to unveil holiday-season tablets, also said developers were beginning to design apps for its upcoming Watch. Apple last month introduced the Watch, its first new device since the iPad in 2010. The company's entry into the rapidly expanding wearable computing arena will be available only from 2015, but Cook said software development kits for the device will be available from November. On Thursday, Apple executives are expected to introduce faster, slimmer iPads with "Touch ID" fingerprint sensors, which the latest iPhones already sport. It may struggle, however, to arouse the same passion for tablets as in past years, among consumers faced with an abundance of hand-held, touch-screen devices. -- SPA 20:42 LOCAL TIME 17:42 GMT تغريد