Why is it important about Apple Pay ; how does it work ?

The Apple Pay payment system turns the iPhone and Apple Watch into a convenient and secure wallet to pay for goods and services in regular stores and the Internet. Let us know how to use Apple Pay with maximum benefit.

The fastest, most convenient and safe way to pay for goods and services offline and on the Internet - Apple Pay - is now available to customers worldwide.

What is Apple Pay?

Apple Pay is when you can pay for purchases and services in stores and on the Internet with your iPhone or smart watch Apple Watch. Somewhere to insert or connect the device while not required, to transfer it into the hands of the seller, too, do not.

You allow the purchase of a fingerprint, like when unlocking a smartphone, or you press the button twice on the clock, bring it to the terminal where you usually insert a bank card, and the purchase is already paid. Instant and safe. No cash, and even a card in the wallet now do not need to climb.

Which devices support Apple Pay?

Apple Pay was introduced in the US two years ago, and therefore it supports the iPhone and Apple Watch, released in 2014 and later:

• iPhone 6;
• iPhone 6 Plus;
• iPhone 6s;
• iPhone 6s Plus;
• iPhone SE;
• iPhone 7;
• iPhone 7 Plus;
• all models are Apple Watch.

Owners of iPhone 5 and iPhone 5s can also use Apple Pay, but only on Apple Watch.

How does Apple Pay work?

Inside the modern iPhone and Apple Watch there is a special small chip that allows you to exchange data at a distance of several centimeters. You allow the purchase and bring the smartphone or watch to the terminal. Here, banking mechanisms come into play. What is happening at this time is complex technology. Protected, safe, but very fast. The process lasts only a split second, and the purchase has already been completed.

So after all it's NFC?

Yes and no. In fact, Apple Pay is much more. The part responsible for contactless payments really works on the basis of NFC technology, and therefore is compatible with all existing terminals.

Banks have long been issuing cards with NFC chips. Owners of Android-devices can also pay for purchases with a smartphone using third-party applications. The technology of contactless payments is obkatana, debugged, absolutely safe and reliably protected.

Apple Pay is not only payment through NFC, but also a full-fledged payment system that protects money and user data everywhere, including when shopping on the Internet. Additional security is provided by the use of dynamic codes, which are transmitted instead of payment card data and store information about the user in secret.

Is it safe? I was told this ...

The chatter about the risks of contactless payment, including double write-offs and intruders with "hackers", is nothing more than rumors blown up by people who do not know anything.

Even with the loss of a smartphone or watch, the risk of losing money is zero. The found device will not use it without your fingerprint and will not receive your payment data, and the standard utility Find My iPhone remotely disabling the payment function on the smartphone and the clock will additionally reinsure.

In the US and some other countries, Apple Pay works seamlessly since 2014. This system is checked by time and billions of committed purchases. Everything is protected, as in the federal depository of gold.

How do I know if my bank supports Apple Pay?

Read the news on the bank's website and in social networks, call for support. Usually the first innovations are introduced by the most progressive banks. For example, "Rocket Bank" announced the support of Apple Pay immediately. We already checked in the nearest store - everything really works.
What if my bank does not rush into Apple Pay?

Change the bank, I guess. This is a matter of your priorities. Conventionally, people are divided into two groups:

• 1. Those who put above all the size of the bank.
• 2.Those who put above all convenience and benefit.

If you follow our example and start looking at progressive banks, pay attention to "Roketbank".

"Roketbank" is part of the "Otkrytie" banking group. Savings of clients are protected by the state deposit insurance system.

"Roketbank" has good support, one of the most convenient banking applications with a lot of useful things like automatic notification and payment of fines, as well as excellent card conditions, extremely beneficial for both savings and purchases.

"Roketbank" offers 8% per annum for the balance with a monthly capitalization, cashback 1% for all purchases, free maintenance, free issue of the card and 500 rubles per account just for the fact that you have a card.