What is Apple Pay?
Apple Pay is Apple's own payment method, available in more than 35 countries for all Apple users. It functions within uses the Wallet app, in which a consumer places their payment cards. The actual payment method therefore depends on the cards that are placed in the Wallet app. Currently, only credit cards are supported. The Wallet app stores all details and preferences of the various payment cards it holds. The payment is completed with a fingerprint or face scan. With this, Apple Pay complies with the Strong Customer Authentication (SCA) regulations required under the Payment Services Directive 2 (PSD2).