It looks like the first beta of iOS 8.1 which was seeded not too long ago has yet to show a significant number of alterations (some say improvements) to regular users, and it has taken developer Hamza Sood to actually reveal a slew of hidden settings as well as strings from the new version that might just pique your interest. For instance, what you see on the right happens to be a screenshot of a hidden Settings pane for Apple Pay within. This particular pane would enable users to manage their credit cards and debit cards that have been linked to Apple Pay after entering the relevant information, in addition to the set default card, not to mention other essential details such as billing and shipping address, email, and phone.
As for the Settings screen for Apple Pay, it will also link up to a privacy disclosure that will outline just how the user’s card and device information as well as location may be sent back to Apple, in addition to being passed on to the card issuer so that the card issuer will be able to take steps in determining the eligibility of the card itself, and who knows, pick up signals of a possible fraud. If you want to know if Apple Pay is safer than credit cards, we have gone through the issue here.