Apple Pay: What is it, what is it for and how does this online payment tool work?

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UPDATED ✅ Apple Pay is an exclusive mobile payment service for iOS that allows you to pay quickly and safely from your bank ⭐ ENTER HERE ⭐ Learn more

Apple has always been characterized by its cutting-edge technology and the high quality of what it offers, and although this company does not diversify much in its products, they do have well-diversified services.

For a few years now, first in the United States and then in the rest of the world, A powerful payment technology has arrived that makes this type of purchase much easier.

That is why today we are going to talk to you about the apple mobile payment method, and how you can get the most out of this technology, without further ado let’s continue.

What is Apple Pay and what is this service for?

what is apple pay

Apple Pay is a service from the great Apple company that seeks to streamline all physical or virtual purchasing processes, reducing them to a single touch. This service begins to be available in a large number of retail stores from the year 2014.

This mobile payment can only be used through an iPhone 6 or later. In the same way, only iPads from the sixth generation onwards are compatible with this payment method. It can also be used on Apple Watch and Mac computers that include Touch ID.

This allows the user pay for your products without the need for a debit or credit card, saving time and solving some security problems that affect these methods.

How does Apple Pay work? Start using your Wallet

It is said that Apple’s mobile payment service is only available from iPhone 6 onwards, this is due to the operation of the technology implemented in these devices. Well As of this version, mobile phones began to have an NFC technology chip or near field communication.

NFC Near Field Communication

This makes it possible to exchange data at high frequencies and speeds over very small distances or close proximity. Which means that bringing the equipment closer to a point of sale immediately activates an exchange.

This technology is what makes purchases possible in physical stores that have implemented this payment method.

For this purchase to be successful, these mobiles also they have another little technology called secure element or SE. This is responsible for assigning a secret and random code, unique for each exchange made. Therefore, it is impossible for it to be replicated or falsified.

Finally, for the purchase to be completed, the user must confirm the transaction by means of a biometric voucher, which is activated with the fingerprint.

This latest technology is Apple’s Touch ID, and together with the secure element, they allow both purchases in physical stores and online stores.

It is also important, of course, that you previously have some credit or debit card associated with your Wallet on the iPhone. If you have not done this, this will be explained in the next point.

How to add a card and use a card to Apple Wallet?

The procedure of adding cards to your Wallet can be done in 3 different ways in the different compatible equipment. It should be noted that For these procedures to be successful, the card and the bank must be consistent with this form of payment:

To Add from iPhone or iPad

The process is simple, You just have to follow the instructions as we indicate them:

The first thing is to access the Wallet application, then you will have to click on the “Add more” located in the upper right corner.

add card

There depending on the system version of your device, you may be asked fill in the card details along with the security codes. They may also ask you to confirm that you download the application of the bank in question.
In case you have the latest iOS versions, This indexing process is done by scanning.

scan card

The next thing to do is follow the instructions of the bank, which will be specified after the scan.
Once this process is complete, you must wait for the bank to process and verify your card. Process that can take as long as it needs.

Card ready for Apple Pay

To add from Apple Watch

This procedure is valid for when you have an Apple Watch, but you don’t have an iPhone higher than 6:

The first thing is to enter the iPhone in the application “Apple Watch”, once we choose a clock we must click on “Wallet and Apple Pay”.

Add card on Apple Watch

Next, we must enter our card details with security codes.
Finally, we must follow the specifications of our bank and wait for the card to be verified to be able to make purchases with the Apple watch.

To add from Mac

To be able to make purchases online with your Mac this must have biometric recognition technology.

In case you do not have it, you can enter the iPhone, iPad, or the Apple watch, and in “wallet” activate the option “Allow payments on Mac.”

If your Mac has Touch ID, then we need to go into “System preferences”, and in the wallet options select “Add card”.

Add card on Mac

Once we add the card data, we follow the instructions of the bank and wait for them to verify the information to start making payments online.

What types of cards does Apple Pay accept?

According to the Apple support page, we have that Apple Pay is compatible with the following types of debit and credit cards:

MasterCard.
Visa.
American Express.
JCB credit card.
UnionPay.
China UnionPay.

What are the main advantages of using Apple mobile payment?

main advantages of using Apple mobile payment

Let’s see what are the main benefits that we can get from making our purchases with Apple’s mobile payment.

Fast payments to physical or virtual stores

The speed It is something that characterizes this type of payment, since it is only necessary to bring the mobile, watch or tablet close to the point of sale and perform it respectively with the fingerprint.

In the case of virtual stores, we can pay in the same way, just by confirming with the fingerprint and without the need to load our card data.

Secure payments

The security It is another of the strong points of this type of payment, thanks to the element that we mentioned before, which means that each procedure is protected by a unique code. So that even under cyber attack this code does not work.

There is also the factor of that if your mobile is stolen or lost, you will not be able to use this, because it can only be activated by fingerprint biometrics.

Comfort

The comfort of this style of payment stands out a lot, because allows you to carry all your payment cards in a single team, either credit or debit and pay from a single device in stores.

Therefore, also Reduces the risk of your credit card being stolen and lose your money, because with this method you do not need to carry them on top.

List of the main banks compatible with Apple Pay

major banks compatible with Apple Pay

Now we will know the main banks in the world that accept payments with Apple Pay by region, continent and country:

Pacific Asia

Australia

suncorp
National Australia Bank
ANZ
Common Health Bank of Australia

Plus 82 other banks.

mainland china

Bank of China
HSBC
CITIC Bank
ICBC
Citibank

Plus 127 other banks.

Macau

National Overseas Bank
ICBC (Macau)

Taiwan

Bank SinoPac
Cathay United Bank
Citibank Taiwan
CTBC Bank

Plus 10 other banks.

Japan

Mizuho Bank
Mitsubishi CFU
Mitsui Sumitomo

Plus 121 other banks.

United States / Canada / Latin America

USA

J.P. Morgan Chase
Bank of America
Citi Group
Wells Fargo
Goldman Sachs

Plus 3,328 other US banks.

Canada

Royal Bank of Canada
TD Canada Trust
Bank of Montréal

Plus 42 other banks.

Brazil

Bank of Brazil
Bradesco
Itau

Europe and Middle East

Austria

boon
Bunq
Erste Bank und Sparkasse
Monese
N26
Revolut
VIMpay
Belgium
BNP Paribas Fortis
Bunq
fintro
Hello bank!
Monese
N26
Revolut

Bulgaria

Monese
paynetics
Revolut

Croatia

Monese
Privredna banka Zagreb
Revolut

Cyprus

Bank of Cyprus
Monese
R.C.B Bank
Revolut

Czech Republic

Raiffeisen Bank
Revolut
Monese

Plus 11 other banks.

Denmark

Danske Bank
Jyske Bank
Nikredit
Nordea

Plus 63 other banks.

Estonia

Monese
N26
Revolut

Finland

Danske Bank
Nordea

Plus 8 other banks in Finland.

France

BNP Paribas
General Company
Caisse d’Epargne

Plus 29 other banks in France.

Georgia

Bank of Georgia
TBC Bank
VTB Bank
Liberty Bank

Germany

Deutsche Bank
Revolut
Monese

Plus 22 other banks.

Greece

edenred
Monese
N26
Revolut
Hungary
IBC
Erste Bank
Granit Bank
Monese
OTP Bank
Revolut

Iceland

arionbank
Landsbankinn
Monese
N26
Revolut

Ireland

IBA
boon. by Wirecard
Bunq
KBC
Monese
N26
Revolut
Ulster Bank

Italy

Unicredit
Intesa Sanpaolo

Plus 26 other banks in Italy.

Kazakhstan

Alpha-Bank

latvia

Monese
Revolut
Liechtenstein
Cornercard UK
Monese
N26
Revolut

Lithuania

Monese
Revolut

Luxembourg

BGL BNP Paribas
Monese
N26
Revolut

malt

Monese
Revolut

Netherlands

ABN AMRO
Bunq
ING Bank
Monese
N26
Revolut

Norway

Danske Bank
Nordea

Plus 10 other banks.

Poland

Raiffeisen Polbank
Monese
Revolut

Plus 15 other banks.

Portugal

Agricultural Credit
moey!
Monese
N26
Revolut

Romania

Banking Transylvania
edenred
ENG
Monese
OrangeMoney
Raiffeisen Bank
Revolut
UniCredit Bank

Russia

Sberbank
VTB Bank
Gazprombank
Alpha-Bank

Plus 101 other banks in Russia.

Saudi Arabia

Al Rajhi Bank
Alinma Bank
Arab National Bank
Bank Albilad

Plus 8 other Arab banks.

Slovakia

365 bank
boon.
edenred
Fio Banka

Plus 8 other banks.

Slovenia

Monese
N26
Revolut

Spain

BBVA
CaixaBank
Santander

Plus another 40 Spanish banks.

Sweden

Nordea
Bansk Bank
Monese
Revolut

Plus 7 other banks.

Swiss

Credit Suisse
Monese
Revolut

Plus 23 other banks.

Ukraine

accord bank
Alpha-Bank
alt bank
Bank Pivdenny

Plus 17 other banks.

UK

Lloyd’s
TSB
Royal Bank of Scotland
Bank of Scotland
Barclay’s

Plus 36 other banks.

United Arab Emirates

Emirates NBD
Dubai Islamic Bank
Abu Dhabi Commercial Bank

Where can I pay with Apple Pay?

Where can I pay with Apple Pay

Apple Pay today has the support of more than 3000 banks in various parts of the world, so its acceptance is practically global. This makes the list of establishments where you can buy with this payment method immense.

Next, We bring you a small sample with some where you can buy with Apple Pay: