Apple, Inc. released Apple Pay as an alternative to using credit cards; it is a mobile payment and digital wallet service that lets users pay for purchases using a mobile app installed on their iPhone, iPad or Apple Watch compliant devices.
Numerous national chains of grocery stores, restaurants, department stores, gasoline service stations and hotels currently have the special credit card terminals installed with thousands more added on a regular basis. Apple Pay is also accepted as a payment method for many popular apps such as Uber, Airbnb, Starbucks, Groupon, Ticketmaster and many more.
As MobiusPay CEO Mia Hyun explained; “Apple Pay eliminates the need for you to reach for your credit card when making a purchase. The customer is assigned a unique Device Account Number for each credit card that they want stored by Apple Pay; this means that the credit card information is never provided to the merchant thus increasing personal security in these days of identity theft.” Unlike a wallet, if you lose your Apple device you do not have to be as concerned about a nefarious person coming upon it and using it themselves. “If you lose your iPhone or iPad you can simply put your device in Lost Mode, suspend Apple Pay or wipe your device clean,” Hyun continued. “As your credit card information is not stored on your device there are no concerns of anyone reclaiming it from your lost or stolen device.”
With more and more consumers seeking alternative payment systems it only makes sense that you are prepared to accept these methods for a clean and secure transaction. MobiusPay is ready to help you become one of the thousands of merchants that are accepting Apple Pay on a daily basis. Talk to your MobiusPay representative today.
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