ST Alpha - "The chip cards do generate a code that the bank verifies to approve the transaction (similar to your RSA dongle). -- nm" (Reading a Post)

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In response to "From what I read pre-launch, yes Apple Pay is one time codes." by ty97

The chip cards do generate a code that the bank verifies to approve the transaction (similar to your RSA dongle). -- nm

Posted by spamlet, Astro king (aka spamlet) Jan 13 '15, 14:46

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Responses:

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

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