Apple Pay
Apple Pay is a mobile payment service by Apple that allows users to make payments in person, in iOS apps, and on the web. Supported on iPhone, Apple Watch, iPad, Mac, and Vision Pro, Apple Pay digitizes and can replace a credit or debit card chip and PIN transaction at a contactless-capable point-of-sale terminal. It does not require Apple Pay–specific contactless payment terminals; it can work with any merchant that accepts contactless payments. It adds two-factor authentication via Touch ID, Face ID, Optic ID, PIN, or passcode. Devices wirelessly communicate with point of sale systems using near field communication (NFC), with an embedded secure element (eSE) to securely store payment data and perform cryptographic functions, and Apple's Touch ID, Face ID and OpticID for biometric authentication.
Beyond's analysis on Apple Pay
Recent news mentioning Apple Pay
- — Pour regagner du terrain face à PayPal et Apple Pay, l’européen Wero se lance dans l’e-commerce
- — Walmart (WMT) to Add Apple (AAPL)’s Apple Pay Support in Push for Contactless Payments
- — Bybit Introduces Zero-Fee Apple Pay Crypto Purchases
- — OnePay Expands Support for Apple Pay
- — Walmart to finally start accepting Apple Pay and Google Pay