Both Apple Pay and Google Pay use a technology called tokenization. Instead of sharing your real card number with merchants, they use a secure digital substitute.
đ Apple Pay
âą Stores payment credentials in a secure chip.
âą Uses a unique security code for transactions.
âą Keeps your actual card number hidden from merchants.
đ Google Pay
âą Uses digital payment tokens instead of real card numbers.
âą Protects transactions through device security and tokenization.
âą Helps keep sensitive card details private.
đ The main difference?
Apple Pay uses a dedicated Secure Element, while Google Pay combines device security with Google's payment services.
#ApplePay #GooglePay #CyberSecurity #DigitalPayments #Tokenization #FinTech #PaymentSecurity
đ Apple Pay
âą Stores payment credentials in a secure chip.
âą Uses a unique security code for transactions.
âą Keeps your actual card number hidden from merchants.
đ Google Pay
âą Uses digital payment tokens instead of real card numbers.
âą Protects transactions through device security and tokenization.
âą Helps keep sensitive card details private.
đ The main difference?
Apple Pay uses a dedicated Secure Element, while Google Pay combines device security with Google's payment services.
#ApplePay #GooglePay #CyberSecurity #DigitalPayments #Tokenization #FinTech #PaymentSecurity