Intesa Sanpaolo announced on Tuesday it is bringing its customers Apple Pay, which is available on all credit cards, prepaid cards and XME Card debit cards issued by the Intesa Sanpaolo Group. According to the fintech, Apple Pay adds another important step to the digital transformation process undertaken by Intesa Sanpaolo, confirming the Bank’s willingness to take the lead also in mobile 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, nor 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.”
Massimo Tessitore, Head of Multichannel, Mobile Payment, and E/M Commerce at Intesa Sanpaolo, stated:
“With the launch of Apple Pay, we allow our iOS customers the opportunity to use a state-of-the-art payment instrument, to shop in stores and online. The activation is fast, simple and safe, such as the daily use experience. Our goal is to provide our customers with concrete solutions, in order to simplify everyday operations. People increasingly rely on their smartphone, even in mobile payments: bringing Apple Pay to our customer is a true sign of the attention for their satisfaction, offering the best technological solutions.”
Intesa Sanpaolo went on to add that 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.