Mobile Wallet: Apply Pay & Google Wallet

Apple Pay and Google Wallet are both mobile payment systems which “replace” a customer’s physical wallet.

Apple Pay is a new feature for iPhone 6, iPhone 6 Plus and Apple Watch. When customers use Apple Pay in stores, they will hold their iPhone near a contactless reader and place their finger on Touch ID. The iPhone will vibrate and beep to let the customer know the payment was processed. Apple Pay can also be used to pay within apps on iPhone 6, iPad Air 2 and iPad mini 3. Most major credit and debit cards such as Visa, MasterCard and American Express accept Google Pay. To start accepting Apply Pay in your store, you need to have a contactless payment-capable POS terminal. MBPS can help with this form of payment.

Apple Pay

Is Apple Pay Secure?

According to Apple, when a customer adds a credit or debit card to Apple Pay, a unique Device Account Number is assigned, encrypted and stored in the Secure Element. Customers’ account numbers will never be stored on Apple servers and you will not have direct access to customers’ credit and debit card information. Apple also does not save transaction information, so all payments are private.

Google Wallet is an app available on both Android devices and iPhones. It is used to make payments in stores, online and in the U.S. with a Gmail address. Similar to a physical wallet, Google Wallet holds credit cards, debit cards, gift cards and loyalty cards. In brick and mortar stores, customers can easily use the app to tap and pay with their phones. Online, users can checkout in as few as 2 clicks with Google Wallet Instant Buy. Google Wallet is accepted by most major credit and debit cards and can be used at MasterCard locations. An NFC reader is needed to accept Google Wallet payments in store. Contact MBPS to purchase an NFC reader.

Google Wallet

Is Google Wallet Secure?

Yes. According to Google, all payment transactions are monitored 24/7 for fraud. Google Wallet Fraud Protection also covers 100% of verified unauthorized Google Wallet transactions in the United States.