Wirecard, the global innovation leader in digital financial technology, today brings Slovakian customers Apple Pay in its payment app boon. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites.
„With the integration of Apple Pay, Wirecard is delivering on its strategy of consequently driving forward the digitization of payments. With the latest iOS boon app, now available in the Slovakian App Store, users can top up their boon account using any Mastercard or Visa credit or debit card and via bank transfer.”, according to the press release.
Security and privacy is at the core of Apple Pay. When you use the boon card information 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.
Claudia Kaub, Head of Consumer Solutions at Wirecard, said, “We are pleased to make boon available on the launch date of Apple Pay in another country. We see a great willingness in Slovakia for make fully digital payments. With boon and Apple Pay, we are thus further advancing the digitization of payment processes in Europe.”
Apple Pay is easy to set up. With iPhone and Apple Watch, customers can pay with Apple Pay in stores, restaurants, taxis, vending machines and many more places. When shopping in apps or on the web in Safari with Apple Pay, there’s no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information. Every Apple Pay purchase is authenticated with just a glance or a touch with Face ID or Touch ID, or a device’s passcode.
„Though Libra has met with fierce resistance from central banks and supervisory authorities and might never see the light of day, in many other cases tech firms (both start-ups and established big players) have successfully captured bits and pieces of universal banks’ traditional value chain. This trend may only intensify in the coming years. In this environment, European banks remain squeezed.”