Will Apple Pay phase out the wallet?

Aired: 10/20/2014 | 0:04:19 | Clip
From wristwatch to wallet, the cell phone is absorbing more and more forms of personal technology. How does Apple Pay, a new financial transaction service from Apple, affect consumers and how we pay for things? Hari Sreenivasan explores the launch and its impact with Arik Hesseldahl of Re/code.