10 Interesting Facts
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1. Submitting payment using your one-of-a-kind
fingerprint eliminates fraud. (popadmin, 2014)
2. Apple Pay creates a unique number every time a
purchase is made, which means that your credit card number is never presented
to the server. (popadmin, 2014)
3. Apple Pay is predicted to “…forever change the
way we buy”. (Farrell, 2014)
4. Apple pay is supported at 2,500 banks. (judoPay, 2015)
5. 1 million customers have registered their debit
and credit cards on Apple Pay. (judoPay, 2015)
6. Apple Pay is accepted at 700,000 locations (and
growing!) (judoPay, 2015)
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7. Apple Pay's recent web launch will challenge the
online payment system, Paypal. But Braintree, a global commerce tool provider
that is associated with Apple Pay, is owned by Paypal. (Malarie Gokey, 2016)
8. Since your payment information is stored on your
phone's SE chip, Apple Pay works even without phone service. (Jason Parker, 2015)
9. You can remotely lock down Apple Pay using iCloud. So if your device is ever lost or stolen, you can suspend Apple Pay on that device. (Jason Parker, 2015)
10. iPhones have a secure element that can sense suspicious tampering and shut down if a thief disassembles your phone. (Jason Parker, 2015)
10. iPhones have a secure element that can sense suspicious tampering and shut down if a thief disassembles your phone. (Jason Parker, 2015)
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