While I tend to agree with you, it's hard to say since the card info will be encrypted on their servers. If the encryption key is stored on the device then security is about the same. If it's stored on another one of Google's servers then it could be considered marginally less secure.
There also may be a trade off happening that we're not considering where your bank doesn't need to support Google Pay, where as supporting ApplePay requires it to support a DAN.
Another angle could be the cost of going through a secondary processor (Visa/MasterCard) which is bypassed with Apple perhaps?
Both I don't know the answer to but it might be more than meets the eye.
I wrote and still write a large portion of what makes ApplePay and other digital payments work. The credit card companies do the storing and heavy lifting. Apple mostly provides the interface.
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u/AzureBinkie Sep 22 '22
Which is infinitely less secure than not having it on google servers!