The point of Apple Pay from a security point of view was the inclusion of a requirement to use the fingerprint sensor in order to authorize payment. That is perfect. However, many professionals access their iphone dozens of times an hour. The fingerprint sensor is not reliable enough to unlock the iphone from every angle, position or under all circumstances, much less as quickly or effortlessly as a simple swipe. I imagine all of us who are highly dependent on multi-access to their phones could simple stop using them in order to be able to use Apple Pay. đ
Bottom line is, I don't need or want password protection for accessing the phone. I just want it for making payments. Seems rather simple. If the entire phone must be locked in order to have security for payments, then the simple answer is to not use Apple Pay.
And yes, getting my credit card out once or twice a day is MUCH easier than unlocking my phone hundreds or even thousands of times a day.