On Tuesday, German digital-only challenger bank N26 announced it was launching Apple Pay support in Spain, Italy, and Finland. This news comes just after the bank launched the payment method’s support in France.
“What if there were a way to pay without your card that is accepted in stores, online and in apps? Well, say hello to Apple Pay. Starting today, Apple Pay is available for N26 customers in Spain, Italy, and Finland. Apple Pay is one step closer to seamless payments with your N26 account and makes it easier and more secure to pay, opening up a whole new world of possibilities.”
N26 also reported that Apple Pay integrates directly with its customer’s bank account, meaning they can quickly add their Mastercard to Apple Pay right in the N26 App. After quick card verification, customers can already start making payments. Since its fully integrated with the Mastercard, customers will see their transactions in real-time and receive push notifications.
The bank was founded in 2013 by Stalf and Maximilian Tayenthal. It claims to be Europe’s first mobile bank with a full European banking license and it has redesigned banking for the smartphone by making it simple, fast, and contemporary.prior to receiving its full banking license in 2016, N26 utilized a partner banks platform. After its banking license was approved, N26 used an in-house solution. The bank currently operates in 17 other countries, which are Austria, Belgium, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Portugal, Slovakia, Slovenia, and Spain and now employs 290 people.
The bank recently announced it is set to launch in the UK and U.S. next year. UK customers may now get early access by signing up directly on the company’s UK homepage.
