Paying with a smartphone is actually more secure and more efficient than using a credit card or even cash payment.
With the development of smartphone research, payment trends have changed. The frequency of using traditional credit cards and cash payments has gradually decreased, and smartphone payments have become the norm for people. This means that in the future you can no longer need a wallet or even cash, but some people think this new payment method is insecure.
- Apple Pay
Apple Pay, the safer way to pay. When you make a purchase, Apple Pay uses a device-specific number and unique transaction code. So your card number is never stored on your device or our servers, and when you pay, your card numbers are never shared by Apple with merchants. Keep your purchases private. Apple Pay doesn’t keep transaction information that can be tied back to you. Your most recent purchases are kept in Wallet for your convenience, but that’s as far as it goes.
- Google Pay
With Google Pay, you just pull out your phone, unlock the home screen, and hover it over the reader—it’ll “swipe” your digital credit card instantaneously, faster than any chip-based card. You don’t even have to open the app—just unlock your phone and tap. If you have a smartwatch, you might be able to tap it to the reader without even touching your phone.
In some ways, Apple and Google Pay are actually more secure than their plastic counterparts. Both services use tokenization, creating a unique code whenever you make a purchase—the merchant never sees your credit card number, and even if a thief were to somehow steal that code, they wouldn’t be able to use it to make more purchases.
Although it is still difficult for some people to accept and use smartphone payment, smartphone payment is a major payment trend. Once you use it a couple of times, you’ll wonder why you didn’t set it up sooner—and you’ll want to use it as often as you can.