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"What makes this different than using a plastic card? 
Apple Pay uses a tokenization system that improves the security of 
consumer card information. Each time a consumer uses their phone to make a

purchase a one-time number is generated and provided to the merchant. This

number will not be used again, and even if the data is breached anywhere 
in the process, it can?t be used to defraud the consumer?s core account. 
This will increase consumer security and decrease costs to card issuers 
related to data breaches and card reissuance. "

http://www.aba.com/Tools/Function/Payments/Documents/ApplePayFAQ091914.pdf


Gary Link
Pittsburgh, PA
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