Payment Method

The fashion of mobile payment services, a curiosity has been uncovered to know what this means and what follows next, the truth is it will be new for some of us but it is daily life for others, which did not arrive suddenly but instead It came from an evolved system which says: “I authorize what to do with my money and who to benefit from it”, this becomes an option for contactless payments by simply bringing the Phone closer to the payment terminal.

Consumers can pay for services and products in supermarkets, pharmacies, restaurants, cafes, gas stations, grocery stores, cable cars, shopping malls and other establishments that accept contactless payments.

"Each transaction is authenticated using Face ID, Touch ID or the device code, and protected by a unique dynamic security code generated at the time of purchase," indicates a press release. The service has a privacy and security system that guarantees protection against cybercrime.

When you use this service, actual credit or debit card numbers are not stored on your device or Apple servers. Instead, a unique account number is assigned to the device, which is encrypted and securely stored on the Secure Element, a certified chip that protects payment information.