Finance & Economics

Apple Pay soon will be available to more customers

In Europe, the proportion of payments made via smartphone continues to rise

apple pay

Apple Pay soon will be available to more customers. Source: shutterstock.com

Having made Apple Pay available to its clients in the USA in 2016, followed by Poland in June 2018, customers of BNP Paribas Fortis and Hello bank! in Belgium, as of today, can take advantage of Apple Pay. In France, BNP Paribas and Hello bank! customers will be able to access Apple Pay in early 2019. In addition to Belgium and France, BNP Paribas will support Apple Pay in other countries including Ukraine via its UKRSIBBANK subsidiary.

The international roll-out of Apple Pay to our customers reflects the determination of BNP Paribas to offer all its customers, wherever they may be, innovative and secure services that simplify their online and in-store purchases
Carlo Bovero, BNP Paribas Global Head of cards and innovative payments

Security and privacy is at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, or on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.

Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by credit and debit cards. In stores, Apple Pay works with iPhone SE, iPhone 6 and later, and Apple Watch.

SEE ALSO: Monzo cards now can be added to Google Pay

Pay Space

6742 Posts 0 Comments

Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.