Electronic payments are a very convenient solution to spend our money while doing shopping. They carry many advantages: they are safe, as they allow people to keep less cash in their wallet, plus, they are very comfortable, as they are very fast. When talking about electronic payments, we commonly refer to credit cards and debit cards, anyway, technology improved in the last years: with our phones we can do a lot of things compared to the past and so, we can even arrange payments when we go out for a shopping day, or even when we just need something at the local grocery. We are always connected also when out of home and this allows us to use electronic wallets like PayPal or Alipay when we are out of home.
Electronic wallets are very comfortable, as they can be used from your smartphone, so that you can make even faster and more immediate payments without even the need of taking your wallet off the pocket. Still, there is an issue with electronic wallets: not every merchant accepts them, plus, it may be sometimes annoying to keep many apps just for making payments in shop, while at the end your credit card can handle most of your needs. There is an alternative to the digital wallets that is universally accepted by shops just like your physical credit or debit card: this alternative is provided by Google Pay and Apple Pay.
How Does Apple Pay Work
Apple Pay is essentially a safe vault that allows you to store your debit and credit cards in an encrypted space of your iPhone. Google Pay is the same, but for Android devices. You can then use Apple Pay to pay in all the shops that already accept contactless payments with physical cards: this means that if you are already used to contactless technology and never had issues with it in the shops you are going, you will not have any kind of issues with using Apple Pay. Apple Pay merges the convenience of using your phone to make payments with the simplicity of having just one payment tool (your debit or credit card). Plus, Apple Pay makes it very safe to arrange payments online and in shops: your card number is not shared with the merchant or with the payment processor, instead, a temporary token associated to your card is generated, so that, even in case of skimmers or of payments made in unknown places, you are protected. Moreover, your card is stored just on your iPhone and not in an account like it happens when you associate it to a digital wallet: this means you are even ensured against a rare - yet possible - hacker attack against digital wallets that may lead to leaking sensitive data like your credit card number.
How To Use Apple Pay
In order to use Apple Pay, you have two options:
- if your bank has an app: login into your bank account by using your banking app and then look for your debit or credit card settings. Often, banks allow their customers to add their cards to Apple Pay just with a button ‘Add to Apple Pay’ shown in the card settings. If you see this button, use it in order to add your card to your Apple Wallet.
- if your bank doesn’t have an app or doesn’t provide the ability to add your cards to Apple Pay from the app: in this case you may not be 100% sure your bank even supports Apple Pay. In order to try, you can go to your iPhone settings, look for Wallet & Apple Pay section and then add your card manually from here: you will be asked to type your card information or to take a photo to it. If your card is added, you will be then ready to use it with Apple Pay, otherwise, your bank may still not support the service.
Apple Pay combines the convenience of using credit and debit cards without the need of carrying to much cash while going out, plus, it enhances it to a level in which you don’t even need to take out your wallet in order to make a payment. Everything happens on your phone and you can also experience a very safe way of paying, being your card details not shared with the merchant, but only a disposable token.
This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.