Apple Pay generates a unique credit card # for every transaction, ensuring a compromise of one merchants system will never end up in the ability for hackers to use your card for any other transactions.
Unique card # per transaction is the holy grail of security.
Your claims of somehow compromising confidentiality are also provably false.
There is a reliance on the security of the local device that isn't an issue with cards. Primarily this is more of a social engineering concern anyway, rendering most technical solutions useless.
Last year there was an article how Apple Pay was making it easier for scammers to use cards. I believe this particular vector was patched by having to authenticate that you are trully adding your card via bank authorization. However, Mobile Payment is susceptible to fraud and thieves will find a way.
Unique card # per transaction is the holy grail of security.
Your claims of somehow compromising confidentiality are also provably false.