As a relative new payment system, there might still be some hesitancy in using Apple Pay. This article considers some common misconceptions around Apple Pay, and the truth behind them. If you’ve been curious about digital wallets in general, this is for you.
What is Apple Pay?
Apple Pay is a new class of contactless mobile payment channels that allows you to make in-store and online payments using your eligible Apple devices (iPhone, iPad, Apple Watch or Mac). You can use Apple Pay in person at shops, restaurants, and other venues; in iOS apps; and on some websites. It's contactless, safe and easy. And it keeps you from having to touch buttons or handle cash when you're out getting what you need.
Setting up Apple Pay is simple. You can add your credit card easily via your Apple devices. On an iPhone, this is as simple as opening the Wallet app, keying in your card details, accepting the T&Cs and verifying via an OTP sent by the bank.
Common myths about Apple Pay
Myth 1: Only a few merchants accept it.
Truth: Apple Pay is widely accepted across the UAE.
Almost since its launch, many merchants across the UAE have accepted Apple Pay, principally because it works with existing systems. The UAE has been an early adopter of contactless payment terminals and nearly every merchant that accepts NFC contactless transactions will allow Apple Pay. Payment can be made wherever you see one of the below symbols.
Myth 2: Apple Pay is a hassle to use.
Truth: It’s super-easy.
Once you’ve set up Apple Pay, paying for a cup of coffee or a pair of shoes is as easy as holding your iPhone up to the contactless reader and using Touch ID or Face ID.
You can also pay in different ways: in a store with your Apple Watch or iPhone, within an app on your iPad or iPhone, or online with your iPad, iPhone, or Mac.
Using digital payments save you the hassle of fumbling through your bag for your wallet and digging out your credit card – before you’ve even made a payment. Paying for that morning coffee is faster with a digital payment technology.
Myth 3: Online payments are unsafe.
Truth: Apple Pay is one of the safest payment methods.
With the rise in cybercrimes such as phishing and fraud, you’re right to be concerned about the safety of online payments. However, when it comes to security, Apple Pay is among the safest ways to pay. When you make a purchase with Apple Pay, your actual card information is neither stored on Apple devices or servers nor shared with merchants. Second, Apple Pay purchases can only be activated upon your authority, such as by Touch ID or Face ID. So, even if you lose your phone, transactions cannot be authorized. Finally, your entire card number is never displayed on your phone. With so many layers of security, it’s hard to beat Apple Pay.