Payment apps can now accept contactless payments from contactless credit or debit cards, Apple Pay, Apple Watch, and smartphones with other digital wallets — right on iPhone and without any extra terminals or hardware.
I’ve always wondered why was it locked only to merchants, anyone knows?
Just speculation but perhaps it would be easy for credit card criminals to steal money quickly? Steal a card. Tap to pay. Use the funds to buy Amazon gift card or whatever. Ditch the apple account. Rinse and repeat.
Just speculation but perhaps it would be easy for credit card criminals to steal money quickly? Steal a card. Tap to pay. Use the funds to buy Amazon gift card or whatever. Ditch the apple account. Rinse and repeat.
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some small amounts may be paid before unlocking (at least on android)