In the coming months, customers purchasing online using Apple Pay will be able to split payments with CaixaBank credit cards. The company views this collaboration with Apple as an opportunity to work on the gradual improvement of its services.
CaixaBank closed the first months of the year with 4.4 million customers with cards linked to mobile devices, figures that are on the rise, with more than 800 million transactions in the last 12 months.
According to data from CaixaBank cards towards the end of the first half of 2024, more than 30% of in-person purchases made in Spain with CaixaBank cards were made using mobile phones.
In line with this, and as a further demonstration of the bank’s firm commitment to improving the customer experience, CaixaBank, through CaixaBank Payments & Consumer, has signed a pioneering agreement with Apple.
As a result of this partnership, CaixaBank customers with iOS 18 and iPadOS18 will soon have the option to pay in full or spread the cost over multiple months directly at the point of purchase when paying with their CaixaBank cards in Apple Pay. Customers that decide to choose this option will have the choice to do so when shopping online using Apple Pay and in-app on iPhone, iPad and Apple Watch.
„This new functionality will allow customers to see payment options available to them, understand cost including any interest, and choose how they’d like to pay before completing their purchase.” – the bank said.
Terms of payments in instalments
This new payment splitting option offers even more flexibility in online purchases for CaixaBank customers who have a MyCard or another CaixaBank credit card linked to Apple Pay. CaixaBank customers can access this method of paying in instalments through their credit cards when making a purchase with an iPhone or iPad, and they can choose between several instalments to split their purchase.
CaixaBank is the first company in mainland Europe that has entered into this partnership with Apple to offer this new service; it now forms part of a larger group of partnerships between the technology giant and other international financial institutions.
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CaixaBank Payments & Consumer, a wholly-owned subsidiary of CaixaBank, is the financial group’s entity specialising in consumer financing and payment methods. The company is the leader in card payments in Spain, with a total of 31.2 million units sold and a 31% share in invoicing purchases. In Spain, it manages an outstanding credit of over €12.3 billion.
CaixaBank Payments & Consumer comprises 16 companies related to consumer spending and payment, which are wholly-owned subsidiaries or co-owned with strategic partners, with the aim of accelerating and expanding CaixaBank’s capabilities.
Banking 4.0 – „how was the experience for you”
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