Mmastodon BusinessBanking first seen 4 d ago, last 3 min ago, peak #7
How Apple Pay and Google Pay tokenize your card
Original: Apple Pay and Google Pay never store your card number. When you add a card, your bank and Visa or Mastercard create a to
A breakdown of mobile payment security is making the rounds: Apple Pay and Google Pay never store your actual card number. When a card is added, the bank and Visa or Mastercard generate a token, a stand-in number tied to one phone. Every tap adds a one-time code, so intercepted or copied payment data gets declined, and shops that get hacked never hold the real numbers.
Why now: Renewed interest in payment security and how tokenization protects shoppers from card fraud.
Apple PayGoogle PayVisaMastercard
Rank over time, top of the chart is #1. 6 snapshots from 5 h ago to 3 min ago.
Evidence
- Apple Pay and Google Pay never store your card number. When you add a card, your bank and Visa or Mastercard create a token: a stand-in number that works only on that one phone. Each tap adds a one-time code, so a copied payment gets declined. A hacked shop leaks numbers nobody… · vpleshkov · 11
- Apple Pay and Google Pay never store your card number. When you add a card, your bank and Visa or Mastercard create a token: a stand-in number that works only on that one phone. Each tap adds a one-time code, so a copied payment gets declined. A hacked shop leaks numbers nobody… · vpleshkov · 3
- Apple Pay and Google Pay never store your card number. When you add a card, your bank and Visa or Mastercard create a token: a stand-in number that works only on that one phone. Each tap adds a one-time code, so a copied payment gets declined. A hacked shop leaks numbers nobody… · vpleshkov · 1
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