Adison González
[email protected] | Tuesday 02 November, 2021 03:17 pm
Apple Pay is a secure, reliable, and private form of payment that will prevent consumers from handing over their card to someone else to make a payment every time a purchase is made.
It is available to Promerica, BAC Credomatic, Banco de Costa Rica and Scotiabank, who will be able to use Apple Pay to make purchases in stores more quickly and conveniently.
Read more: Mastercard makes Apple Pay easy for its cardholders
Customers simply hold their iPhone or Apple Watch close to a terminal. The purchase with Apple Pay is validated through Face ID, Touch ID or the access code of the device, as well as with a unique dynamic security code for each transaction.
Therefore, when using the credit or debit card through Apple Pay, the actual card numbers are not stored on the device, nor on Apple’s servers.
Read more: Apple Pay is now available to BAC Credomatic customers
Instead, a unique device account number is assigned, encrypted and securely stored on the Secure Element, an industry standard certified chip designed to store payment information securely on the device.
To use Apple Pay simply open the Wallet app, tap +, and follow the steps to add your credit or debit cards. Once you add a card to the iPhone and Apple Watch, it can be used on that device right away.
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