In the always-evolving world of personal finance and technology, Apple Pay has emerged as a contender for the leading position in digital wallets. But just what is it and how does it fare for the South African consumer? In this review, we will dive into its features, benefits, and everything in between. By the end of the article, you will be armed with the knowledge to make an informed decision on whether to incorporate this payment method into your daily life or not.

What is Apple Pay?

Apple Pay is a mobile payment and digital wallet service that allows users to make payments with their Apple devices. It’s quick, it’s safe, and it’s modern. The service completely transforms the way you shop, allowing for a contactless, handy, and secure way to pay for goods, both online and at point-of-sale terminals. Launched by tech giant Apple Inc., in October 2014, it has gained popularity worldwide and is now available in South Africa since March 30th, 2021.

Features of Apple Pay

Convenience and Ease of Use

Apple Pay is built for convenience. It is incredibly easy to use. All it takes is adding your debit or credit card to the Wallet app on your Apple device. When you are ready to pay, simply hold your device near the card reader, or choose it at checkout when shopping online. Not to mention, you can use it on your iPhone, Apple Watch, iPad, and Mac.

Security and Privacy

With every purchase you make, Apple Pay uses a device-specific number and unique transaction code. Your card number is not stored on your device or Apple servers, and when you pay, your card numbers are not shared by Apple with merchants.

Reward Points

South African users can also benefit from rewards with Apple Pay. If you have cards that offer rewards, points, or miles, you’ll still get those when you use those cards with Apple Pay.

Availability of Apple Pay in South Africa

Apple Pay officially launched in South Africa on the 30th of March, 2021, with Discovery Bank, Nedbank, and Absa as the participating financial institutions. It opens to a world of customers who prefer a contactless method of payment that is both quick and secure. it has aided in ensuring quicker payments and has found large success in the country.

Conclusion

Apple Pay offers a hassle-free, secure, and quick way for you to handle your transactions, whether offline or online. While it may have been slow to get off the ground in South Africa, with its official launch and the backing of major banks like Discovery Bank, Nedbank, and Absa, the service is certainly poised for frequent use in the South African marketplace. This review should give you some sense of whether or not it is right for you. Ultimately, though, the decision of whether to use the service or not lies with the individual.

Read: 3 Notable Dangers of Card Tapping as a Payment Method

FAQs

Is Apple Pay free?

Yes, using Apple Pay is free. There are no additional fees to use the service.

Can you use Apple’s payment platform without an internet connection?

Yes, you can use the platform without an internet connection. It only requires an internet connection to set up the service and add a card.

What devices can you use with Apple’s payment platform?

It is available on iPhone 6 and later, iPad Pro, iPad Air 2, and iPad mini 3 and later. You can also use Apple Pay on Apple Watch with an iPhone 5 or later.

Can Apple’s tapping service be used in all stores?

Not all stores accept it, however, you can use it wherever you see the Apple Pay or contactless payment symbols at checkout.