ST Alpha - "question for st. does apple pay basically create a one time use code for your purchase, so that even if a store is hacked, they dont get your actual " (Reading a Post)

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question for st. does apple pay basically create a one time use code for your purchase, so that even if a store is hacked, they dont get your actual

Posted by Truman Jan 13 '15, 14:41

card number?

do chipped cards do the same thing?

I am tired of having my discover card replaced because one store after another gets hacked.

Responses:

From what I read pre-launch, yes Apple Pay is one time codes. - ty97 Jan 13, 14:43 6
- The chip cards do generate a code that the bank verifies to approve the transaction (similar to your RSA dongle). -- nm - spamlet, Astro king Jan 13, 14:46 4
  - so its not a one time card # then? -- nm - Truman Jan 13, 14:53 3
    - I don't believe so but you need both the number and the code to approve. -- nm - spamlet, Astro king Jan 13, 14:55 2
      - the code would probably be a one time use thing then. - Truman Jan 13, 14:57 1
        
        That's correct. When used with the chip reader and PIN, the combination generates a unique approval code that doesn't have card info - JD Jan 13, 15:00
- Chipped cards due to the same with big US based IF the transaction was carried out using the chip and not swiping the mag strip -- nm - JD Jan 13, 14:44

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