What is Apple Pay?
Apple Pay:
Apple Pay allows users to pay for items in-store using the latest iPhone or Apple Watch. All a customer needs to do is hold the gadget next to a reader at the till to pay for a product.
With an iPhone, the user will also have to press their finger on the phone’s “home” button, which doubles as a fingerprint sensor. This will verify that the purchaser is the owner of the device. With the Watch, the user will have to double-click a button on the timepiece to ensure the payment goes through.
You can add your credit card and debit card data from your iTunes account by entering the card security codes. You need to use Apple’s Passbook app to set up Apple Play… Or rather store your credit cards and debit cards. Passbook for iPhone will further let you use your iSight camera to instantly capture and then add card information. Use Settings within the Passbook app to pay with a different card or select a new default card.
You can add your credit card and debit card data from your iTunes account by entering the card security codes. You need to use Apple’s Passbook app to set up Apple Play… Or rather store your credit cards and debit cards. Passbook for iPhone will further let you use your iSight camera to instantly capture and then add card information. Use Settings within the Passbook app to pay with a different card or select a new default card.
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| Apple Pay iPhone and Apple iWatch |
Passbook for Apple Watch works just like the Passbook app for iPhone: it not only keeps your tickets, boarding passes, and loyalty cards in one place, it also lets you securely store and use your credit and debit cards.
Apple Pay usage via iPhone:
In Pocket-lint’s hands-on, we found that your fingerprint confirms the payment, or you could enter a passcode if you haven’t setup Touch ID. Apple Pay requires the Near Field Communication antenna and Touch ID on iPhone 6. Apple said you won’t have to look at your iPhone’s screen, because a subtle vibration and beep will confirm that you paid correctly. To pay at checkout, just hold your iPhone near a contactless reader with your finger on Touch ID.
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| Apple Pay Use via iPhone |
Apple Pay usage via Watch:
To pay at checkout, double-click the button below the Digital Crown on Watch while also holding the face of Watch near a contactless reader. Similar to Apple Pay for iPhone, a pulse and beep will confirm that your payment information sent correctly.
Apple Pay usage via Apps:
Apple said iPhone apps can also integrate with Apple Pay, meaning you will be able to select Apple Pay at checkout when ordering anything from an app. Some of the apps that currently support Apple Pay include: Groupon, MLB, OpenTable, Panera, Sephora, Starbucks, Target, Ticket.scom, and Uber.
Apple Pay using NFC technology:
Apple is using the same system – NFC (near field communication) technology – that is used for “contact-less” payments. But instead of having to take a card out of a wallet or purse, the customer can just tap their iPhone or Watch.
In that case, instead of typing one’s card details on the payment page on a website, the user can just tap the home button on their iPhone to indicate that they are making a payment through Apple Pay.
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| Apple Pay Use via NFC technology |
Apple Pay is much more secure than ever:
Apple says they will encrypt all the information, and that the device itself would not store card numbers or other financial data. That information will be held on Apple’s servers. This means someone could not steal a device and make payments or get hold of bank account details.
Banks and Cards support Apple Pay:
According to Bank Supporting, Apple Pay supports most major credit and debit card providers as well as US banks. More specifically, Apple Pay is compatible with Visa, MasterCard, and American Express cards from financial institutions such as American Express, Bank of America, Capital One, Chase, Citi, and Wells Fargo. Other companies adding the support soon include Barclays, USAA, Navy Federal Credit Union, PNC, and US Bank.
