Apple Pay is considered very secure for making payments, offering more safety than cash and physical credit cards. It uses multiple layers of security including biometric authentication (Face ID or Touch ID) or a passcode to authorize each transaction, making unauthorized use difficult. Key security features include:

• Tokenization: Apple Pay does not share your actual card number with merchants or store it on the device or Apple servers. Instead, it uses a unique encrypted code for each transaction.
• Near-field communication (NFC) technology for contactless payments, limiting exposure.
• Data protection via encryption and re-encryption methods when sending payment information to apps or websites.
• Apple Pay can be remotely disabled through iCloud if the device is lost or stolen.
• Transactions are anonymous to Apple, and apps using Apple Pay must have privacy policies governing the use of your data.

By requiring biometric or passcode authentication and using tokenized transaction codes, Apple Pay protects your information well, making it safer than using a physical card that can be stolen or skimmed. Users should bolster security by enabling biometrics, using strong passcodes, keeping their device software updated, and monitoring transactions for any suspicious activity.