Apple Pay is a mobile payment and digital wallet service developed by Apple Inc. that allows users to make payments using their iPhone, iPad, Apple Watch, or Mac. It was first launched in October 2014, and since then, it has become a popular and convenient payment method for many Apple users.
To use Apple Pay, users need to add their credit, debit, or prepaid cards to their Wallet app on their device. Once a card is added, users can make payments in-store, online, or within apps that accept Apple Pay. Payments can be made by holding the device near a contactless payment terminal, using Face ID or Touch ID to authenticate the payment, or by entering a passcode.
One of the benefits of using Apple Pay is its security features. When a user makes a payment using Apple Pay, the actual card number is not shared with the merchant, and instead, a unique token is generated for each transaction. This helps to protect the user’s card information from being stolen or compromised. Additionally, users can also set up two-factor authentication for added security.
In summary, Apple Pay is a digital wallet and mobile payment service that offers a convenient and secure way for users to make payments using their Apple devices.