Tech giant Apple has launched its mobile payment system Apple Pay in France and Hong Kong. The service is now available in eight countries.
In France, the mobile payment service will be compatible with Mastercard and Visa credit and debit cards issued by Carrefour Banque and Ticket Restaurant as well as Banque Populaire and Caisse d'Epargne.
On the Apple Pay France website, Apple said Boon and Orange will also start supporting the service very soon.
In Hong Kong, MasterCard, Visa, American Express payment cards issued by banks HSBC, Bank of China (Hong Kong), Hang Seng, DBS and Standard Chartered will support Apple Pay.
The service allows customers to make purchases at participating stores with their iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, Apple Watch, iPad mini 4, iPad Air 2, and both iPad Pro models. It does not require Apple Pay-specific contactless payment terminals, and can work with existing contactless terminals.
When a consumer adds a credit card to Apple Pay, the actual card numbers are not stored on the device, or on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on the device. Each transaction is authorised with a one-time unique dynamic security code.