Apple Pay provides a secure and seamless paymentmethod in-app, in store, and on the web. Apple Pay usesnetwork tokenization, stores payment informationsecurely in the shopper’s Apple Pay eligible device, andconfirms the payment through Touch ID or Face IDauthentication. If in Europe, as in Lithuania, Apple Pay isPSD2 SCA-compliant. When the shopper selects Apple Pay, they are presented with a paymentsheet where they choose a card and provide contact details and shipping address. Then they areprompted to authenticate the payment through Face ID or Touch ID. Apple Pay supports liabilityshift for American Express, Discover, JCB, Mastercard and Visa cards. For Visa, liability shift occursfor transactions with cards issued in the Europe region.
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You Won’t Learn This in Business School – Real Industry Insight
The financial world moves fast. Payments power the global economy, but few truly understand how it all works. That’s where we come in. At Processing News, we don’t just report on the payments industry — we’ve built it, run it, and innovated within it.
Our contributors are former fintech executives, payment system architects, compliance officers, and tech insiders with firsthand experience.
We launched Processing News to be the Wikipedia of Payments — accessible, in-depth, and above all, accurate. In an era of clickbait headlines and recycled press releases, we deliver reporting grounded in real-world knowledge.
Whether it’s new regulations, card network changes, emerging fintech, or fraud detection trends — we break it down with clarity, context, and credibility.Welcome to Processing News.Real people. Real experience. Real payments journalism.
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