Apple Pay
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Transcript of Apple Pay
![Page 1: Apple Pay](https://reader034.fdocuments.net/reader034/viewer/2022052621/55831afdd8b42a3c658b4ae8/html5/thumbnails/1.jpg)
Apple Pay
Team 4
Nguyet Bui, Ramil Serazhiyev, Shuzhou Dai
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Pay without your wallet• Payments happen with a
single touch
• Easy, secure private payments
• Only for iPhone 6 and iPhone 6 Plus
• Pay with touch ID
• Convenient check out
• Set up is simple
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More secure payments• Protect your
accounts even if you lose your device
• Keep your purchase private, and no transaction record.
• Most recent transaction in the Passbook
![Page 5: Apple Pay](https://reader034.fdocuments.net/reader034/viewer/2022052621/55831afdd8b42a3c658b4ae8/html5/thumbnails/5.jpg)
Security Elements
Touch ID
Passbook
Near field communication (NFC) antenna
Dedicated chip that stores encrypted payment information
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Major credit cards
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Participating Banks
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Connect to Chapter 3
Information system infrastructure
The secure element and the NFC chipset (hardware)
Without exposing the real debit/credit card number
Encrypted number
Card number is not stored locally or in Apple server
Issuing bank associated with your card
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Works Cited
Fink, Erica. "'Apple Pay' May Be Safer than Plastic." CNNMoney. Cable News Network, n.d. Web. 21 Sept. 2014.
Jeffries, Adrianne. "Apple Pay Allows You to Pay at the Counter with Your IPhone 6." The Verge. N.p., 03 Sept. 2014. Web. 21 Sept. 2014.
"Pay Your Wallet. Without the Wallet." Apple. N.p., n.d. Web. 21 Sept. 2014.
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Thank You