The holders of Absolut Bank payment system Visa has been able to use Apple Pay, the report said the credit institution.
“When a holder adds a credit or debit card to Apple Pay, her card number is not stored on the device nor on Apple servers. Instead, it is assigned a unique number, device account, which is encrypted and stored securely in the chip Secure element on the user’s device. Each transaction is authenticated through a unique one-time secret code that is generated dynamically,” reads the release.
To configure Apple Pay, the customer needs to add credit or debit card through the Wallet app. In stores to pay using Apple Pay with iPhone SE iPhone 6 and later models, as well as with the Apple Watch.
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