Apple Pay is a mobile payment and digital wallet service by Apple Inc. that allows users to make payments in person, in iOS apps, and on the web although Apple Pay web support is limited to the Safari browser only.
It is supported on the iPhone, Apple Watch, iPad, and Mac. It digitizes and can replace a credit or debit card chip and PIN transaction at a contactless-capable point-of-sale terminal.
The service was announced at Apple's iPhone 6 event on September 9, 2014. At its announcement, Apple CEO Tim Cook described the magnetic stripe card payment process as broken for its reliance on plastic cards' "outdated and vulnerable magnetic interface", "exposed numbers", and insecure "security codes".
Apple Pay supports both international payment schemes—such as American Express, Visa (including Electron and V Pay), Mastercard (including Maestro), and Discover - as well as country-specific domestic payment schemes like China's UnionPay, Japan's JCB, France's Cartes Bancaires, Australia's eftpos and Saudi Arabia's mada.
Apple Pay can also be used to ride some public transport networks either through the use of credit/debit cards (open loop) or dedicated travel cards.
According to Statista, Apple Pay is the most used mobile payments by brand in the United Kingdom in 2020. Some 59 percent of respondents answered the question ''Which of these services have you used in the past 12 months to pay in stores, restaurants or other points of sale with your smartphone?'' with ''Apple Pay''
According to Statista and en.wikipedia