Apple Inc Launches Apple Pay In South Africa
Apple Inc Launches Apple Pay In South Africa. Apple Inc. introduced its contactless payment service in South Africa on Tuesday, as the global tech giant looks to cash in on the mobile payments boom in the country. Apple Pay has joined Samsung’s digital wallet offering, Samsung Pay, which was launched in South Africa in 2018. The service is available via three South African banks, namely Absa Group, Nedbank Group and Discovery Bank, which is part of the Discovery group.
Apple Pay is a mobile payment and digital wallet service by Apple Inc. that allows users to make payments in person, in iOS apps, and on the web using Safari. It is supported on the iPhone, Apple Watch, iPad, and Mac. It digitises and can replace a credit or debit card chip and PIN transaction at a contactless-capable point-of-sale terminal. It does not require Apple Pay-specific contactless payment terminals; it works with any merchant that accepts contactless payments. It adds two-factor authentication via Touch ID, Face ID, PIN, or passcode. Devices wirelessly communicate with point of sale systems using near field communication (NFC), with an embedded secure element (eSE) to securely store payment data and perform cryptographic functions, and Apple’s Touch ID and Face ID for biometric authentication.
Originally launching in the United States, Apple Pay is available in the United Kingdom, Canada, Australia, Brazil, Mexico, the United Arab Emirates, Saudi Arabia, Russia, Ukraine, Kazakhstan, China, New Zealand, Singapore, Japan, Macau, Georgia, Belarus, Montenegro, Serbia and all countries in the European Economic Area (EEA).
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Five companies in the U.S. information technology industry, along with Amazon, Google, Microsoft, and Facebook. It’s hardware products include the iPhone smart phones, the iPad tablets computer, the Mac personal computer, the iPod portable media player, the Apple Watch smart watch, the Apple TV digital media player, the Air Pods wireless earbuds, the Air Pods Max headphones, and the HomePod smart speaker line.