Is Apple Pay safe? (all you must know)
If you have an Apple device and have questions about using Apple Pay, you might be wondering – is Apple Pay safe?
Well, I’ve been researching this and will tell you all about Apple Pay, so read on to find out what I’ve found on the subject!
Is Apple Pay Safe in 2022?
Apple Pay is secure, and it’s even more secure in 2022 than a physical debit or credit card. Additionally, to use Apple Pay, you’ll need a passcode or use Touch ID or Face ID to verify your purchases, whether you’re using an iPad, iPhone, or Apple Watch.
Do you want to know more about Apple Pay, like can you get scammed with Apple Pay? If so, read on to learn more!
What are the risks of using Apple Pay?
Although Apple Pay is considered more secure than a traditional physical debit or credit card, it also has some risks, which we’ll discuss below:
Apple collects massive amounts of personal data
One of the risks of using Apple Pay is that you have to give Apple a lot of personal information to use it, which is risky if you’re concerned about privacy.
For example, although Apple claims that it does not sell user information, it does use that information to serve ads targeting you and other marketing purposes.
Plus, Apple provides details about your transaction history, so the company has a lot more information about you than your address and name.
Cyber Attack Vulnerability
While Apple Pay may be considered a safe and secure payment system, if you have jailbroken your iOS device then it can cause a lot of problems with Apple Pay.
Jailbroken Apple devices, for example, don’t have the same security protections because restrictions that normally exist in software aren’t enabled.
Therefore, jailbreaking a device increases the risk of cyberattacks as hackers can copy your payments and pass your transaction limits.
Confusion about how to use Apple Pay
Apple Pay can be confusing for customers, especially those who are new to Apple and may not know how to use a digital wallet or set up contactless payments.
Additionally, Apple Pay aims to enable fast, contactless transactions. However, many people may not know how to use it, especially if they are new to the world of digital wallets.
This means that people may take longer to checkout and may not know how to confirm payment.
Likewise, they may have difficulty determining which card to use for Apple Pay.
Trading on public Wi-Fi is a security risk
We all know that public Wi-Fi is a security risk because it’s easy for hackers to break into the network and steal data.
Also, many people don’t think about it, but using Apple Pay in stores where iOS devices automatically connect to a Wi-Fi network is a security risk, even if it has an NFC chip.
So if you don’t make sure you have your data in hand before paying, it could be easily hacked and your information could be stolen.
Hackers can bypass contactless restrictions on micropayments
Micropayments are risky because hackers can bypass these restrictions and then copy those payments without you ever knowing.
However, you can avoid hackers doing this by regularly reviewing your transactions to ensure your small payments don’t become part of payment fraud.
Can you get scammed with Apple Pay?
Just like other electronic payment methods such as debit or credit cards, you can be scammed with Apple Pay.
Therefore, you need to know how to protect yourself when using Apple Pay, including taking the following precautions:
- Always review your transactions regularly
- Enable more security settings for extra protection, such as multi-factor authentication
- Only send or receive money to people you know, and make sure it’s that person beforehand
- Report all suspicious payment requests to Apple
- Try linking Apple Pay to a credit card instead of your bank account
- Watch out for unexpected transactions
- Change settings to only accept payments manually
Which is more secure, PayPal or Apple Pay?
Both Apple Pay and PayPal have their pros and cons, and they are both great digital wallets and easy ways to pay digitally. However, PayPal wins in the more secure category.
For example, PayPal has many layers of security built in, which means that information is stored on its servers, but your sensitive information remains private.
PayPal also provides additional security measures, such as two-factor authentication, and will flag transactions that are outside of your account specifications.
In contrast, Apple Pay stores your card information in a secure element chip, which is not shared or stored, so it’s safe and your information will remain private.
However, Apple Pay authentication only happens when you set it up with Touch ID or passcode, so someone can initiate a payment without your knowledge.
Is Apple Pay safer than using a debit card?
Apple Pay is considered more secure than debit cards because you are not using a physical card and your card number is not stored on Apple servers or on your device.
Additionally, you must use Touch ID, Face ID, or your passcode to confirm any transaction on your iOS device, as long as you have authentication set up correctly.
Is Apple Pay Safe for Skimmers?
One of the ways Apple Pay is more secure than a traditional credit or debit card is that it cannot be swiped because your card cannot be swiped during a transaction.
Therefore, since Apple Pay is a digital card and not a physical card, it cannot be skimmed like a regular physical card.
To learn more, you can also read our posts on whether Apple owns Beats, whether AppleCare is worth it, and whether Apple Music is free.
in conclusion
Apple Pay is considered more secure than traditional physical debit or credit cards because it’s digital and requires you to confirm transactions with Touch ID, Face ID, or a passcode.
However, since it’s digital, if you pay via public Wi-Fi, hackers can intercept your data, or possibly trick you through various cyberattacks.
