How Apple Pay Actually Works

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[marcmeier]

Good Video for people outside the industry. I am working for a credit card provider in Europe. The implementation of Apple Pay was one of the easiest to implement projects we have run. And that is because we only had to connect this “wallet-layer” that you described here. For people that don’t know about credit cards handling, it is mind blowing how many layers are crossed back and forth for a payment to be executed.

[HowdyJ]

Your presentation is so clean it's inspiring. I actually want to be able to do animations like that, and achieve such a clean audio and great lighting and framing.

Also, I understood everything without issue. Great delivery, thank you.

[leobuezo]

Really an excellent explanation about how a payment transaction works using a wallet like Apple Pay. thank you for help us to understand this complex flow! 🙌

[billf]

I'm glad you made the explanation clear about Apple Pay. I thought Apple Pay charges an addition fee for using their services at the counter when buying item(s) or service(s).

[wesleybarnes]

Thank you for clearing this up for me, as a developer that implements payment processing I can't even find this explanation anywhere! 😅 Much love

[hevnqyv]

What an informative video. Thank you very much!

[tom_smith]

Clear and concise description. Thank you.

[AleksanderBabayev]

Thank you very much for the explanation.

[AndersonPEM]

So it's basically a way to transmit asymmetric encrypted data.
The payment processor shares a public key with apple.
Apple then encrypts your credit card info with this key.
You pass the data along.
The processor receives the data.
And then uses the private key, which is the only one that can decrypt the data generated with the public key.
And gets the plaintext data.
Super interesting 😀

[hamzariazuddin]

Absolutely brilliant video. I am so confused with payments and trying to learn more about the actual infrastructure going on but everything i search for is so ambiguous and not clear.

Would love to know how this model is or may be different to other fintechs like Alipay or Mobile money payment solutions which are prevalent in Africa. Its very hard to find concise clear information of who is involved in each transaction and what is going on.

How does Apple Pay make money and who is it charging ?

[generic_official]

How does Apple Pay compare with generated one-time use (virtual) credit card numbers? Is it as equally secure?

[mahmoudsamir]

I use Sandisk usb-c flash drive formatted in exfat filesystem to backup my iPad pro 2020 but transferring files from iPad to the flash drive is very very slow. I don't want to format it in apfs file system because it won't be readable on windows pcs. Is there a solution for faster file transfer or Are there certain types of flash drives or external ssds that can make me transfer files faster?

[Fire_soul]

Does this apply to Samsung Pay, Google Wallet, or Google Pay?

[rameshemv]

Great description. Can you please share a video or your thoughts on Apple Pay's UX guidelines. Specifically, , where do i offer the Apple Pay Button for the payment to be done?can i ask the user to first make a choice of which mode she/he wants to pay (for example, giving him an ApplePay, googlepay, otherwallet, credit card on one page)...and then upon user making the choice (say through a radio button), navigate to another another Page and show the applepay's Paybutton there. Is this acceptable? Thanks again for sharing this video, simple and clear

[mauricioflores]

Extremely useful!!!! 👌🏻
I would to know about paypal too

[cocoarecords]

woah that was really amazing thanks a lot

[fryfully]

Does Apple Pay know where the transaction occurred and for how much? Or is that encrypted too?

[deemis]

There is actually a way where merchant can also decrypt the payment token and send api request to payment provider / their gateway with DPAN, cryptogram, expiry directly. Merchant must exchange the keys/certificates with Apple Pay Secure elements.

[aaronbaron]

watching this with deus ex liberty island ost feels surreal

[Art-yndh]

Does the merchant ever see my card number? I like that my info gets encrypted only the third party sees my info adding extra layer of protection correct?