Apple Pay and other phone-based payment systems enable mobile devices to
A) link from a digital wallet to another app within a single phone.
B) entail more security risks than carrying a physical wallet.
C) communicate wirelessly with point-of-sale systems.
D) work with existing magnetic-strip credit-card machines.

Question

Apple Pay and other phone-based payment systems enable mobile devices to​
A) ​link from a digital wallet to another app within a single phone.
B) ​entail more security risks than carrying a physical wallet.
C) ​communicate wirelessly with point-of-sale systems.
D) ​work with existing magnetic-strip credit-card machines.

Quizplus · Accepted Answer

Apple Pay and other phone-based payment systems use Near Field Communication (NFC) technology to communicate wirelessly with point-of-sale systems, allowing the user to make contactless payments at the merchant's terminal without having to physically swipe a card or hand over cash. They do not work with existing magnetic-strip credit-card machines, as those machines require a physical card to be swiped. While there are potential security risks with any payment method, mobile payment systems generally offer enhanced security features such as tokenization and biometric authentication.

Apple Pay and Other Phone-Based Payment Systems Enable Mobile Devices