Apple's Tokenization Method: A New Payment System for Android

Apple's new NFC payment system has been around for decades in places like South Korea and Japan. But what Apple's doing differently is they're using a tokenization method that is really the first of its kind, at least here in the States. They took a hard look at getting the onboarding process right - just letting you use the card that's already on file. Jack Jay: It may be thatwhat works great in a demo is not as advertised. You could walk into a store and tap and nothing happens.