Bank of America Makes Apple Pay Available to Customers and Merchants | Bank of America Newsroom

Bank of America today began offering its customers and merchants access to Apple Pay, a new mobile payments service that provides an easy and secure way to pay.

Enhanced security is at the core of Apple Pay. When customers add a credit or debit card to Apple Pay, the actual card number is not stored on Apple servers, and only the last four digits of the actual card number is stored on the device. Instead, a unique virtual card number is assigned, encrypted and securely stored in the Secure Element on the device so the full card number will not be accessible if the mobile device is either lost or stolen.

Bank of America Makes Apple Pay Available to Customers and Merchants | Bank of America Newsroom