What is Apple Pay and how does Apple Pay make electronic payments?

Apple Pay is Apple’s payment service that offers the convenience of making payments over the phone without the need to carry multiple bank cards at once. So Apple Pay can still help mobile users, let’s find out in the following article of Tnhelearning.edu.vn.

What is Apple Pay?

Apple Pay service was first introduced by Apple company in 2014 to help users not need to carry multiple bank cards at the same time to make payments.

Similar to Samsung Pay, Apple Pay is like a virtual wallet containing all your credit and debit cards. In addition to the benefits of online payments, Apple can also pay at stores that support Apple Pay extremely quickly and efficiently using NFC communication.

How to add a new bank card in Apple Pay.

First, you need to enter your bank card information into the Wallet application of your iPhone or iPad (previously called Passbook) or you can use the camera to take a picture of the bank card for the machine to automatically recognize.

For customers who have already entered their bank card information on iTunes to download music, they can use this account for Apple Pay by opening the app, tapping the plus sign in the upper-right corner of the screen. and enter the card’s security code.

Each time you enter a new card, Apple generates a unique number for that card called “Device Account Number”, which is stored in a separate iPhone chip called “Secure Element” and is not stored. on Apple’s servers to secure user information.

How to pay Apple Pay.

When paying with Apple Pay, the device will use the “Device Account Number” code to communicate with the cash register, your actual card number will not be used for transactions. For each transaction, Apple will generate a one-time transaction code (similar to OTP code) to authenticate the transaction.

Then to complete the transaction, Apple Pay requires an extra step of authentication that is a password, Touch ID, or Face ID to make sure you are the one doing the transaction.

Is Apple Pay safe?

Apple does not save all transaction information as well as information related to the user’s bank card, so you can completely trust this application.

It can be said that Apple has been very clever to combine many security factors at the same time to make a transaction, if you accidentally lose your phone, you can use Find My Phone to lock it, or if there is one. If you get it, you also need Touch ID to make a successful payment.

In which countries is Apple Pay supported?

It is very unfortunate that Apple Pay is not currently supported in Vietnam, but only in some of the following countries:

If you have any questions about Apple Pay, please leave a comment below!

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