Here's how Apple Pay works

According to the Mobile Payment & Observatory Commerceof the Polytechnic University of Milan in 2016, contactless payments reached 7 billion euros, 700% more than of 2015. This explains why for Apple Pay we had to wait three years after the American launch. Before seeing a product on the market it is It is essential that there is real customer demand. 

“Our customers can make purchases with their iPhone and Apple Watch at the most important Italian and international chains present in Italy, in a fast and practical way"" explains Jennifer Bailey, Vice President, Internet Services and Apple Pay.

But how exactly does it work?

Once you have registered one or more cards, Apple pay can be used for both offline and online payments. In shops (many already in commercial agreements with Apple) the platform allows you to pay simply by bringing your Apple Watch or iPhone to the POS and confirming the payment. On smartphone apps you can make online payments easily, so like on Macs “and using Touch ID on the new MacBook Pro - adds Bailey – or by completing a payment with iPhone or Apple Watch on other Macs, as long as are updated to the latest version of the operating system.""

As regards the issue of security Bailey says that it is was one of the topics they discussed right from the start ""With Apple Pay the credit card number is not stored on the iPhone, on Apple servers or shared with the merchant"". Each device is associated with an identification number, encrypted and stored in an inaccessible section of the chip. ""And each transaction is authorized with a unique security code that changes from time to time.""