Three years after Wallet's launch, Apple entered the game with its own mobile payment solution, Apple Pay . Building upon Passbook (the Apple app that digitizes things like concert tickets and boarding passes) and combined with Apple's Touch ID fingerprint scanner, Apple presented a payment solution that might finally make this technology go mainstream.
Why NFC-based payments are secure
The most important step in the mobile payment transaction is the secure element, which holds all the authorization power. Whether it's a chip in the phone, or functions virtually in the cloud, the secure element is tamper-proof and protected by a unique digital signature. As explained by Michael Armentrout of Infineon, which manufactures secure element chips, the architecture of the secure element is designed to be hardened against attacks on the phone.
"That includes software attacks but also hardware-based attacks where someone got your phone or SIM card, it would be extremely difficult to obtain info off of that because it's a chip that is designed to have security mechanisms that go well beyond a normal processor. "
Apple's approach to the secure element is a physical chip, which is only available in the iPhone 6 and 6 Plus. Each time a user initiates a transaction, the SE assists in generating a random, one-time use code in lieu of transmitting the user's debit or credit card number.
Voilà. Apple Pay is a proprietary application that uses the NFC payment mechanism.
I'm a little confused about this whole thing. The one store here in which I regularly use "Apple Pay" (Meijer) doesn't have any signage identifying it as Apple Pay. This article refers to it simply as "NFC payment":Is Apple just one player in a much broader program? Are we saying "Kleenex" when we really mean "facial tissue"? Have we been giving Apple credit for something much bigger than Apple?I downloaded the app and see a lot more Apple Pay places than I knew about. I'm always looking for the Apple Pay sign.
\\ /\( ) Alice.( ). lwr32@mac.com
On Jan 13, 2017, at 2:47 PM, David Smith david.smith.14916@gmail.com [iPad] <iPad@yahoogroups.com> wrote:Thanks. Interesting. I see from looking at the map on the Pay Finders app that there are lots of local Apple Pay locations here, including a fair number of vending machines. I don't get out much 😎
They are regular multi brand soda/water/sports drink vending machines and machines selling multiple snack items; chocolate/potatoes chips/crackers, etc. I've used these machines in local Hospitals and philadelphia community college.Ashi
------Any info you'd care to offer. I've not come across any Apple Pay vending machines here (southwest Ohio). What you say seems to give some hope that progress is on the way here.
For example, though - are these vending machines that have fifty different sorts of snacks or are they single-brand machines? Machines in food malls, or in airports or subway or bus stations, or in company cafeterias?
Not worth more than a split second of your time, though. Just curious 😎
> On Jan 12, 2017, at 10:21 PM, Inner Jewel innerjewel@msn.com[iPad] <iPad@yahoogroups.com> wrote:
>
> Soda, snacks...or are you asking about the specific brand of machine?
>
> -original message -
>
> What kinds of vending machines?
>
> > On Jan 11,
Posted by: David Smith <david.smith.14916@gmail.com>
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