• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

iPhoneArena

APPLE IPHONE, MAC, WATCH AND IPAD

  • Home
  • iPhone
  • iPad
  • Mac
  • Apple Watch
  • Bug Fixes
  • How to
  • Tips and Tricks
  • Apps
You are here: Home / Featured / 10 Amazing Advantages of Apple Pay in 2022

10 Amazing Advantages of Apple Pay in 2022

Last Updated: November 1, 2022 by Kevin Shaw

Apple Pay is Apple’s mobile payments solution that allows users to seamlessly use their phone to pay for purchases both in retail stores, apps, and the web. The service was first introduced in 2014 and has been expanding to additional countries ever since then. In this article, we’ll discuss the top 10 advantages of Apple Pay in 2022.

10 benefits of using Apple Pay

Apple Pay offers many benefits for Apple users. Here are some of them:

1. Apple Pay is easy to setup

Setting up Apple Pay is easy and intuitive. Most iPhone and Apple Watch users will find it pre-loaded on their device. Just click the “Wallet” icon, hit the plus sign in the right-hand corner and start adding your favorite credit cards by positioning your card in your camera’s view frame. You can also add a card manually by entering the name, account number, expiration date and CVV code on the back of the card.

You can store numerous types of cards in your Apple Wallet. This includes bank cards, rewards cards, and tickets. This makes it easy and convenient to pay on the go.

2. Apple Pay Is Faster and Easier Than Using Credit Cards

Besides being easy to set up, another advantage of Apple Pay is that payments are quick to process. The transaction takes just seconds, which is noticeably faster than transactions on physical cards (especially EMV transactions).

A huge advantage of Apple Pay is that the one-step payment process prevents people from needing to dig through a purse or wallet to find credit or debit cards. Because it is built on existing NFC technology, Apple Pay works anywhere NFC-based contactless payments are accepted. Simply unlock your phone screen, scan your phone on a card reader at a store, and you’re done.

If you own a business, Apple Pay helps make checkouts quicker. This contactless payment system processes payments faster than regular credit cards. It enables your audience to check out efficiently in seconds.

This will cut down on your line wait time. It also benefits you, as a merchant, because you can help more customers. When the line moves faster, more consumers are inclined to wait and make a purchase.

This means you’ll earn more conversions for your business. If you use Apple Pay, you’ll make your customers happy with faster checkout and your business happy with more customers.

3. Apple Pay Is More Secure Than Using Credit Cards

Apple Pay utilizes Near Field Communications (NFC) to carry out transactions. NFC technology has been deemed one of the safest ways to make payments as it’s immune to credit card skimming technology (where cyber thieves can collect your account number when you swipe your credit card) and uses sophisticated encryption to protect your account data.

One great advantage of Apple Pay is that a cashier does not see a credit card number, a name, an address, or any other personally identifying information, making it more secure than traditional payment methods. There is no need to take out a credit card or confirm the authenticity of a credit card with a driver’s license or ID card, because all of that information is stored on the iPhone and protected by several built-in security systems, including Touch ID. Plus, Apple’s “Find my iPhone” service enables you to wipe your phone of all its data if it’s ever lost or stolen.

Finally, if you are a merchant, Apple Pay benefits both your consumers and your business. If you offer Apple Pay, your audience will feel more comfortable making a purchase from your business. This will help you earn more conversions for your business.

See also: 12 tips That Will Strengthen Your iPhone Security

4. Apple Pay doesn’t require internet connection to work

Another benefit of Apple Pay is that you don’t require any form of internet service in order to make a transaction, as your payment details will be saved on your phone’s SE Chip upon setting up your account.

Once you submit your card details to your Apple Pay account, your details will immediately be stored on your phone or watch’s SE chip. An SE chip stands for Secure Element chip, this is an industry-standard, certified chip designed to store your payment information securely. Once your information is stored you will be able to make a transaction without the need for an internet connection.

The information on your phone or watch’s SE chip it will be able to communicate with the store’s card readers through Near Field Communication technology (NFC). you will then need to simply authenticate your payment method using Face ID, Touch ID, or your passcode.

So, you will not need to worry whether or not your phone has service in order to pay. Simply place the backside of your phone on the card reader’s terminal and you will be prompted to confirm your purchase with either your phone’s Pin, face ID, or touch ID. And that’s it, you just bought a doughnut!

5. Apple Pay Is More Private Than Using Credit Cards

One of the major advantages of Apple Pay is privacy. Apple Pay is designed to protect your personal information. Apple doesn’t store or have access to the original credit, debit, or prepaid card numbers that you use with Apple Pay. And when you use Apple Pay with credit, debit, or prepaid cards, Apple doesn’t retain any transaction information that can be tied back to you—your transactions stay between you, the merchant or developer, and your bank or card issuer.

6. Apple Pay is available in over 60 countries

Apple Pay is accepted in more than 60 countries around the globe. It can be used throughout  the European Economic Area, and also in the U.S., Canada, the U.K., Australia, Brazil, the United Arab Emirates, Saudi Arabia, Russia, Kazakhstan, New Zealand, Singapore, and other countries and territories.

7. You can use Apple Pay with Apple Watch

Another great advantage of Apple Pay is that it works with Apple Watch, the company’s wrist-worn wearable device. The Apple Watch allows owners of older iPhones, including the iPhone 5, 5c, and 5s, to use Apple Pay in retail stores. Though the Watch needs to be paired with a phone, Apple Pay can be used when the phone is not present.

8. No Additional or Hidden Charges

One of the major advantages of Apple Pay is that does not cost you anything extra to use the service. If you use Apple Pay at the register in stores or restaurants, Apple does not charge any fees. Since merchants consider this a “card present” sale, however, the merchant may charge additional fees, just like they would for physical credit card users. Merchants who offer “cash discounts” may not extend that discount to Apple Pay customers, so be sure to read the signage around the register carefully before you decide how you want to pay.

If you pay with Apple Pay using a debit card, there are no additional fees.

If you transfer money to another Apple Pay user from a debit card linked to Apple Pay, there is no fee. But you will pay a 3% fee if you transfer money to an individual using a credit card linked to Apple Pay.

Finally, if you are a merchant, there is no additional cost to your business to add Apple Pay. This makes it a great option because you can accept more forms of payment at no additional cost. You’ll earn more conversions from people who want to use Apple Pay.

9. You can use Apple pay in stores, in apps, and online.

You can use Apple Pay for in-app purchases on your iPhone and to pay for Apple services from the App Store, the iTunes store, Apple Music, Books, Apple News , Apple TV and iCloud.

In stores, you can use Apple Pay anywhere you see the NFC logo or the Apple Pay logo at a point-of-sale location. This includes millions of stores, restaurants, and entertainment venues worldwide, from ACE Hardware and Albertsons grocery stores to Walt Disney World and Whole Foods. Apple Pay is currently accepted at more than 85% of retailers in the U.S.

You can also use Apple Pay on popular apps and online services, including Lyft, Fandango, Airbnb, GrubHub and Groupon.

Finally, use Apple Pay with the following metropolitan area transit provider apps:

  • Caltrain
  • MBTA
  • Metrolink
  • MTA Metro-North and Long Island
  • Railroads (LIRR)
  • NJ Transit
  • RTC
  • RTD
  • Ventra (CTA, Pace, and Metra)

10. Most banks are Apple Pay compatible

Apple Pay can link to thousands of banks and credit unions across the world, with more being added all the time. All major U.S. credit card providers support the payment system.

That means you can link credit cards from the following providers to your Apple Pay account to pay easily and securely through the platform:

  • American Express
  • Bank of America
  • Barclaycard
  • Capital One
  • Chase
  • Citi
  • Discover
  • Synchrony Bank
  • U.S. Bank
  • Wells Fargo

Smaller banks and credit unions that issue credit cards also support the service, including USAA, PNC Bank, HSBC, Fifth Third Bank, Navy Federal Credit Union, Huntington Bank, Regions Bank, Beneficial Bank, Citizens Bank, KeyBank, SunTrust, PenFed Credit Union and Alliant Credit Union.

These are the advantages of using Apple Pay

There are numerous advantages of using Apple Pay. With the ability to link to practically any credit card you’re likely to carry, there’s a reason Apple Pay is the most widely used mobile wallet app available today. iPhone and Apple Watch, in particular, users may want to consider making Apple Pay their main payment method going forward since it can help maintain social distancing from cashiers and its contactless operation means it might be more sanitary than other payment options.

Now that you know the benefits of using Apple Pay, check out our article on The Benefits of iPhone Over Android. You might also want to read The Top 13 Advantages of Owning an iPad as well as 11 Amazing Advantages of Apple AirPods.

Editors' Recommendations:

  1. 11 Amazing Advantages of Apple AirPods in 2022
  2. 11 Amazing Advantages of Apple AirTags in 2022
  3. 10 Amazing Advantages of Apple Products in 2022
  4. Fake AirPods 3: how to tell fake Vs real

Reader Interactions

Submit a comment Cancel reply

Primary Sidebar

Trending Now

Review – Mkeke clear case for iPhone 14 pro & 14 Pro Max

11 Things iPhones Can Do That Android Phones Can’t in 2022

11 Amazing iPhone 14 Pro’s Dynamic Island Tips and Tricks

Fake iPhone 14 Pro and iPhone 14 Pro Max

How to identify a fake iPhone 14 Pro or iPhone 14 Pro Max

The 4 BEST iPhone 13 Pro Camera Tricks you don’t know yet!

Latest Posts

iPhone 14 Pro

5 of The Best iPhone 14 Pro Hidden Features You Should Know.

iPhone 14 Pro

Apple Unveils iPhone 14 Pro With Dynamic Island, Always-On Display, 48MP Camera, and More

iPhone 14 Pro and iPhone 14 Pro Max are shown in close-up form from the top.

iPhone 14 Pro vs iPhone 13 Pro: What are the differences?

things Android phones can do iPhones can’t

Top 10 things that Android phones can do, iPhones can’t

6 Signs You Need a New iPhone Battery

Footer

Browse by topic

  • iPhone
  • iPad
  • Mac
  • Apple Watch
  • Bug Fixes
  • How to
  • Tips and Tricks
  • Apps

Contact info

  • Contact us
  • About iPhoneArena
  • Editorial Principles
  • Write For Us

Company

  • Terms Of Use
  • Privacy Policy
  • Guest Post Policy
  • Accessibility Statement
  • Copyright Notice

Search iPhoneArena

FREE EMAIL UPDATES

Sign up and get updated whenever we publish new tutorials on the site

Disclaimer

This website is not owned by, is not licensed by nor is a subsidiary of Apple Inc. Apple and the Apple logo are trademarks of Apple Inc. Reproduction of materials found on this site, in any form, without explicit permission is prohibited. Please follow this link to read the complete disclaimer.

Copyright © 2022 iPhoneArena.com · All Rights Reserved