So about those new Apple products…

Apple announced the new iPhone 6 and iPhone 6 Plus, along with a new wearable device called the Apple Watch, on Tuesday.

Although this smart watch is the first brand new piece of hardware the company has put out since Steve Jobs’ time as CEO, Marketplace Tech host Ben Johnson says the verdict is still out.

“It is sleek in that Apple way,” says Johnson. “You can tap it and touch the screen to do stuff. It also has these sensors on the back that monitor your location, and tells you your heart rate in real time. But it’s not a game changer.”

However, one revelation did interest many people: the new payment system called Apple Pay.

“The company partnered with American Express, MasterCard and Visa,” says Johnson. “It’s exclusive, by the way, to the Apple Watch or the iPhone 6. The iPhone 6 has a special chip in it… [that] encrypts information and lets you add payment cards so that you can use it at merchants.”

Johnson says merchants don’t get your credit card information through Apple Pay. Instead, they receive a code that allows the purchase. 

Listen to Ben and Kai’s full conversation in the audio player above.