Ever wondered how Apple Pay works technically? In my new video ‘How Does Apple Pay Actually Work? Tech Explained,’ I delve into the innovative technology that powers this convenient payment method.
📱💳 From Near Field Communication (NFC) to the security of tokenization, I break down the complex systems behind Apple Pay into simple, understandable concepts.
Whether you’re tech-savvy or just curious about how tapping your phone can securely complete a transaction, this video will provide the answers. Join me as I unravel the mysteries of contactless payments with Apple Pay. Remember to like, share, and subscribe for more tech insights! 🔍🔐
This is a new style of long form video I am trying out! Do you like these tech explainer videos? What else should I breakdown?
0:00 how does Apple Pay work?
0:53 What is DAN? Device account number
1:00 What is a secure element (SE)?
1:39 What is NFC? Near Field Communication
1:56 Tokenization card information
2:10 Dynamic security code generated
2:27 DAN and security
3:13 The issuing bank sends back the approval
3:40 What else is NFC technology used in?
4:06 Google Pay vs. Apple Pay?
How Does Apple Pay Actually Work? Tech Explained