True to its trailblazing reputation, Apple Inc. is due to launch a new means of payment in the UK that will transform payments at tills on the high street and in app.
Apple Pay will change how you pay with breakthrough contactless payment technology and unique security features built into iPhone 6, Apple Watch, iPad Air 2 and iPad mini 3. So you can pay in an easy, secure and private way.
This innovative technology is the next exciting step in contactless payments, and it's extremely secure too. Users are able to add their credit and debit card details to the passbook on their compatible Apple device. When shopping in participating stores, rather than leafing through their wallet to pick out their payment card, they then simply select their card of choice from their ‘digital wallet’ on their Apple device. To make the payment, it’s just a matter of holding the device next to a terminal and pressing Touch ID.
Apple Pay is an extremely secure way to pay as the actual credit or debit card numbers are not stored on the device itself, nor on any Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element (a dedicated chip) of the user’s Apple device. Each transaction is authorized with a one-time unique dynamic security code, instead of using the security code from the back of their card.