Apple Pay is a mobile payment and digital wallet service developed by Apple Inc. It allows users to make payments using their iPhone, Apple Watch, iPad, or Mac.
Here’s how it works:
Adding Cards: Users add their credit or debit cards to the Wallet app on their Apple device. This can be done by physically tapping the card to the device or by manually entering the card details.
Making Payments:
In-Store: At a contactless payment terminal, users simply hold their device near the terminal and authenticate the payment with Face ID, Touch ID, or a passcode.
In-App: Within apps that support Apple Pay, users select Apple Pay as their payment method and authenticate the transaction.
On the Web: On websites that support Apple Pay, users tap the Apple Pay button and authenticate the payment.
Security Features:
Device Authentication: Each transaction requires authentication using Face ID, Touch ID, or a passcode.
Tokenization: Apple Pay uses tokenization, which replaces your actual card number with a unique device account number.
Encryption: All transaction information is encrypted and securely stored on Apple servers.
Apple Pay offers a convenient and secure way to make payments, eliminating the need for physical cards and reducing the risk of fraud.
