Apple Pay – Choosing an Easy and Fast Online Payment Method

If you have a smartphone with the Apple operating system iOS, for example, an iPhone, you can also use it to pay with the Apple Pay app in several places in 2021. You can use the service in stores, restaurants, gas stations, and most importantly, online.

The most important facts in a nutshell:

• The payment function of Apple Pay currently only works with credit cards.
• Only certain banks support Apple with their cards.
• Apple Pay is the only app that Apple customers can use to pay on the spot.

How Does Apple Pay Work?

Apple Pay is a payment system that allows Apple device users to pay both on-site at retail stores and in apps and online sites such as Apple Pay Casinos. The requirement is that the retailer supports the procedure. Instead of using a card or cash in retail stores, you then pay directly with your smartphone, tablet, or smartwatch. To do this, simply hold the device up to the reader on-site, just like a wireless payment card.

If you want to use the service, you must first deposit a credit card in the Apple Pay app (“Wallet”). It is important to note that the credit institution or payment service provider that issued the card must support Apple Pay, otherwise it will not work.

Apple itself provides information on which institution has concluded corresponding contracts with the company. If in doubt, you should ask your bank or credit card, or payment provider about Apple Pay support.

Apple Pay works like a digital wallet. In addition to payment cards, credit cards or public transport customer cards can also be deposited.

What About Data Protection?

A payment with Apple Pay is more secure in relation to the radio link on-site than a pure payment via credit card – regardless of whether you enter the card data manually or pay at the terminal. This applies in principle to all payments made by means of a mobile device via NFC. Data is transmitted between the mobile device and the POS terminal in a, particularly secure manner.

The number of the deposited credit card remains unknown – at least for the seller – which means that he or she cannot identify the person of the buyer. This is intended to prevent misuse of the card data by fraudulent sellers.

Apple states that it does not keep unencrypted credit card data. It also does not want to store data about individual payment transactions that can be traced back to a person.

In addition, iOS devices can require a fingerprint, facial recognition, or PIN approval before payment processing.

Advantages and Disadvantages of Apple Pay

At first glance, it seems as if Apple Pay – similar to Google Pay – solves a problem with its service that does not immediately arise for the current market. It’s not just an incredibly reliable payment method that counts with its strongest backup, which is Apple’s minds behind it, but it’s also a convenient and customer-friendly method.

One drawback, however, is that the Apple Pay app is currently the only app that Apple users can use to pay on-site in stores (the PayPal app aside, which works with barcodes). Unlike Android-powered devices, third-party apps cannot access the NFC interface of Apple devices. In this way, the company does not allow competition to emerge here.

Conclusion

This new era of payment methods worldwide has brought some outstanding services, with one of them being Apple Pay. Be it in a physical store or even for online gambling, this iOS payment method is reliable, safe, and convenient – whenever o wherever needed.