Google has recently rebranded the Google Wallet into Google Pay, and you can use it for contactless payments.
How Secure is Google Pay (Google Wallet)? So, considering all these security measures and protocols, it’s safe to say that Apple Pay is pretty secure. Also, it doesn’t share any detail of your card directly with the merchants, and it only shares the unique device account number and dynamic security code, which expires after the use. Similarly, when you use the Apple Pay for payments, it requires you to enter the passcode in order to proceed with payments. It doesn’t have any direct access to the numbers and other details of your cards connected to Apple Pay. The Secure Element is a secure chip that is designed to protect your data using industry standards.ĭuring this whole process, Apple has access to mandatory information only. Apple can’t decrypt this Device Account Number, and it’s stored in Secure Element. Once your card is verified, Bank or card provider issues a unique Device Account Number along with a key to generate dynamic security codes and send it to Apple in the encrypted form. Apple also uses some of your provided information to verify your eligibility and other processes, but it never uses all of your data. At the server end, the system decrypts the given data to determine your card provider and then adds that only your card provider can unlock. When you add any credit/debit card to the Apple Pay, the system sends the information to the Apple server in the encrypted form. I’ll try to keep things as simple as possible, which will help you understand how everything works. Let’s start with the step when you add your credit/debit cards to Apple Pay. But the question, How Secure is Apple Pay? Let’s find out. Apple Pay is one of the most popular contactless payment systems, and it’s currently available in over 50 countries around the world.
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