What is it?
A method of contatless payment, this is using NFC (near field communication), this allows users to be able to pay for items (up to £30) using their iPhone 6 or above, apple watch and iPads.
This can be used online or in store (at participating stores), it uses your own cards that you can register with it. It does not store your card number or pin number, it instead assigns a unique purchase code to every purchase that you make.
American Express, Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S bank, mbna, Nationwide, NatWest, RBS, Santander, Ulster Bank are the current banks supported.
Which Devices can I use?
In store: iPhone and Apple Watch
In apps: iPhone and iPad
Is it secure?
It does not need a pin number, the touch id on the iPhone is used. The iPhone does not have to be unlocked when using apple pay, it is automatically started when near a card reader.
They do not store your number or PIN.
Apple claim it is more secure than a card because your card number is not going to be seen.
If a device is lost or stolen you can remotely find it, wipe the data and/or suspend your cards on the device.
Where can I use it?
US and UK, lots of uk stores are participating. You can tell if a store accepts Apple Pay if it has the apple pay logo on the card reader.
- Multiple cards can be stored
- Can be used in UK
- Lots of banks and stores participating
- Still lots of unparticipating stores, means still have to carry a wallet around
- £30 limit
- Reliant on phone battery