File Format | svg |
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Website | apple.com |
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Apple Pay is a form of wallet or mobile-app payment system created by Apple Inc. in 2014. It's a service that lets consumers make contactless payments using an iPhone (Apple devices) or iPad (Android devices), watch, or Mac computer with an Apple Watch device.
One key advantage of using Apple Pay is the ability to pay without having to wait for your card to be read and approve, which could take minutes in some cases. From merchants and banks' perspective, once an item has been added to the NFC terminal at point of sale, there is no need at all for the card swiping process anymore, while they still capture their money as well as their customers' data with active biometrics encryption.
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