What happens when my card issuer (Visa, Mastercard etc.) sends me a new card? Just visit Find My iPhone on another Apple device or from your browser, and put your Device into 'Lost Mode.' Apple Pay will be suspended, and your phone will be locked to keep would-be thieves away from your data. If your phone is ever lost or stolen, you can lock down Apple Pay remotely. What happens if my phone is lost or stolen? Be sure to check out our list of business that accept Apple Pay. More stores - including Staples and the Disney Store - will be getting on board later this year.

There are already over 220,000 retailers that are compatible with Apple Pay, including McDonald's, Whole Foods and Walgreens. Screenshot by Nate Ralph/CNET Which merchants are already compatible with Apple Pay? These are just a few of the merchants that will accept Apple Pay. You get your goodies, and your bank gets the transaction record, but no one ever sees your credit card, eliminating the need for for PINs or card swiping. With Apple Pay, a unique device account number and a dynamic security code serve as your credit card authorization. EMV chip technology is popular around the world, but Apple Pay is meant to replace credit cards entirely. Does this have anything to do with Chip & PIN/EMV cards? In addition to NFC, this is also why previous versions of the iPhone can not be made compatible with Apple Pay without an Apple Watch. In fact, if a thief dismantled your phone, the secure element would sense tampering and immediately shut down. The secure element found in the iPhones is also safe from hardware attacks. The data stored on the secure element never makes its way onto your phone's software, so even if someone hacked your operating system, there would be no way to extract your financial information. It is only accessed when a randomized 16-digit number is generated during a transaction. But the second hardware solution is the real key to keeping your financial information locked away: the secure element.īuilt as a chip and available only in the iPhone 6 and iPhone 6 Plus, the secure element is where your financial information is stored.

Can android use apple pay