Apple Pay
Review
Apple Inc is an American technology company founded as Apple Computer Company in 1976 and provide electronic hardware, software and online services. Apple Inc is one of the Big Five American Information Technology Companies and currently, in 2022, one of the world’s most valuable brands. Apple Inc’s award-winning hardware includes the iPod, iMac, iPad, Apple Watch, and iPhone. It’s no surprise that the company has a payment service and digital wallet called Apple Pay, which allows users to make payments from their Apple devices.
Apple Pay is built-in and ready for use if you have an Apple device, such as an iPhone, Apple Watch, Mac, or iPad. There is no need to download an app or install software, and you can link credit, debit, prepaid or travel cards to your Apple Pay account. Online, through Safari on your hardware, you can use Apple Pay to make purchases with accepting merchants and make quick deposits and withdrawals in the case of online casinos.
When using Apple Pay, a device-specific number and unique transaction code facilitate the payment. Sensitive bank or card information is not stored or shared on Apple servers or with merchants, nor is purchase information, making Apple Pay safe, secure and private. The only information transmitted is approved at the point of purchase and requested by the merchant, such as your name, email address, and billing or shipping address, upon your approval.
Opening an online casino account with Apple Pay is carried out with the standard on-screen form and registration procedure. When depositing your Apple device, the unique code and device identity is used to verify your transaction. Available funds are checked and guaranteed by Apple Pay to the casino. None of your banking information or sensitive data is shared during this process. Making a withdrawal using Apple Pay is speedy and processed within seconds, making cashouts at lightning speed once the casino has given the green light. Make sure your online casino account is fully verified to ensure you are making the most of your Apple Pay service.
In late 2021, Apple Inc introduced a facility to store a copy of a driving licence in your Apple Wallet. The addition of stored identity documentation enables users to verify their identity face to face. Although not designed to complement online transactions, it’s clear this could develop into a valid KYC (Know Your Customer) and AML (Anti Money Laundering) tool for financial services. Potentially, it might not be long before online casinos can use this facility to comply with licencing requirements and register a new player, offering a seamless deposit and play facility similar to Trustly’s Pay N Play product.
To summarise, due to the method of tokenisation and encryption when processing transactions, Apple Pay is a secure and discreet wallet, protecting sensitive information and versatile in its application. Owning an Apple device comes with Apple Pay built-in, tightening up security with no need to download or install software. Apple Pay can be used as a contactless payment around the world, shop online, or deposit and withdrawal at accepting online casinos.