Apple Pay is a digital wallet service by Apple that allows users to make payments in person, in iOS apps, and on the web. It uses NFC for contactless payment and safeguards user data by using a device-specific number and unique transaction code (tokenization) rather than the actual card number.

FAQs:

  • Is Apple Pay safer than a card?
    Yes, because it requires authentication (FaceID, TouchID, or Passcode) for every transaction, preventing use if the phone is stolen.
  • Are fees higher for Apple Pay?
    Generally, no. Stripe processes Apple Pay transactions at the same rate as a standard card transaction.
  • How do I accept Apple Pay?
    You need a compatible terminal, “Tap to Pay on iPhone,” or an online checkout integration like Stripe Checkout.

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