Convenience is tempting, but not everyone knows what they are signing up for when they use devices to pay the tab.
More retailers are encouraging customers to use mobile payments like Apple Pay instead of traditional cards with the magnetic strip. You hover your phone over a small square where it reads your pay information instantly.
Your fingerprint authorizes the purchase, and just like those new chip-enabled cards, your information's now encrypted, making it harder to steal. But there is a catch.
One bank requires Apple watch users to agree to legal terms that include this phrase: "We are not responsible if a security breach occurs that affects any information stored in any wallet."
Security consultant Ken Stasiak tells us that's a change from how it used to work.
“You're not going to see big scale breaches, like Target in 2016 and '17 with these new technologies being rolled out. Because of that, the liability is now being shifted to the consumer because they believe, if it gets breached, it came from the consumer, not the retailer," Stasiak said.
But it's not likely, according to Apple. We reached out to Apple, which told us once the watch is removed from your wrist it requires a password. And because the information is encrypted it's more secure than manually entering your credit card number.
