What is Apple Pay?

With Apple Pay, you can use iPhone 6 and iPhone 6 Plus to pay in an easy, and secure way. It’s simple to use and it’s built with integrated high grade security in both hardware and software.

Apple Pay is designed to protect personal information. Apple Pay doesn’t collect any transaction information that can be tied back to the credit card holder. The credit card information is not stored on the mobile device or on Apple’s servers.

Apple Pay uses a security feature called tokenization. With tokenization, each credit card’s account number is replaced with a one-time string of random data, before the merchant’s point-of-sale system receives the payment data. The actual account number is not shared with the merchant.

Apple Pay is more secure than all standard credit card formats. When you add a credit or debit card, the information you enter is encrypted and sent to Apple servers. Apple decrypts the data and re-encrypts it after determining your card’s payment network. The data is then stored with a key that only your payment network can unlock.

Harbortouch provides Apple Pay compatible technology with all POS system programs

Apr 14, 2015

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