In the numerous articles and discussions regarding Apple Pay today, some language gives the impression that Apple is a part of the transaction processing sequence of transactions that would formerly be called "Card" transactions and would perhaps best be called simply "Visa" or "MasterCard" transactions today, at least until a new term is invented to replace the "Card" which is no longer involved.

While an Apple manufactured and sold device provisioned with Apple approved and distributed applications (Apps) is involved in such transactions, it is an unwarranted stretch to include Apple as involved in transaction processing as Visa, MasterCard, issuing and acquiring banks and their gateways and processors.