The reality, though, is that Apple Pay is an exceedingly secure mobile payment platform. In fact, it may very well be the safest way to make any type of credit card payment. To understand why, below is a general overview of how the system works behinds the scenes. Note that this article is meant to paint the Apple Pay process in broad strokes, as a good portion of the nitty-gritty technical details aren’t yet publicly known and, due to security considerations, may never be fully disclosed.
Keywords: credit card. Europe and much of the rest of the developed world has already left those insecure cards behind, using chip and PIN-based systems using debit cards instead. In other words, Apple Pay could be nice for the antiquated US payment market, where Apple still has a decent market share to pull this off.
Europe? I’m not so sure.