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Apple Pay, Apple’s mobile payment platform, will start on Monday, allowing customers to make purchases in retail stores using only their iPhone 6 or iPhone 6 Plus. Apple CEO Tim Cook made the announcement Thursday at a live event at Apple’s Cupertino, California headquarters.

The program allows users to pay for items by holding their iPhone 6 or 6 Plus near a contactless reader in a participating stores. Major retailers and restaurants like Walgreen, Duane Reade, Subway and McDonald’s have signed on. Apple also partnered with American Express, MasterCard and Visa on the project. Apple Pay includes an online component as well, making it easier to partake in e-commerce.

“It’s going to change the way we pay for things,” said Cook.

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