Apple Pay, Google Pay, and Bitcoin represent different approaches to digital payments:
1. Apple Pay: A secure, device-based payment system using encryption and tokenization. It relies on the device’s Secure Element for privacy and works seamlessly within the Apple ecosystem.
2. Google Pay: A cloud-based payment system offering flexibility and compatibility across platforms. It tokenizes transactions but depends on Google servers for processing.
3. Bitcoin: A decentralized, peer-to-peer system using blockchain technology. It eliminates intermediaries, offers global accessibility, and ensures transparency, though it’s less widely adopted and volatile.