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Why does Apple Pay require approval by a bank?

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Question added by Bassem Al-Ahmad , Financial Director , ADR
Date Posted: 2015/06/09
Mohd Azam
by Mohd Azam , Solution Architect - Machine Learning , T-SYSTEMS

Apple Pay is integrated with secure way with Banks server and Apple Pay is responsible to pay the amount like credit card so Banks needs to developer very secure APIs for Apple Pay which is not accessible by outer world thats why Apple needs to get approval from Bank to integrate with them

Deleted user
by Deleted user

With the answer Mr.

Mohd Azam

 

 

Thanks for the invite

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