Offering an Easy, Secure & Private Way to Pay
Waterloo, Belgium – 26 June 2019 – Mastercard, in cooperation with its partners Banca Transilvania, Boon, Edenred, J&T, mBank, Monese, N26, Revolut, Slovenská sporiteľňa, Unicredit Bank, today brings its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites. Apple Pay will now be available to Mastercard cardholders in Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Lichtenstein, Lithuania, Malta, Portugal, Romania, Slovakia and Slovenia.
Mastercard Digital Enablement Service (MDES), uses the most advanced payment technologies – EMV, tokenization and cryptography– to ensure the integrity of cardholder information. 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.
“I am very pleased that today we can provide the innovative Apple Pay service to Mastercard cardholders. Europe is leading the way contactless evolution as more than 1 in 2 transactions is contactless. This payment method offers speed and convenience but also demonstrates European consumers’ enthusiasm to embrace new technologies such as Apple Pay. Equally important is transactions’ safety, which is ensured by Mastercard’s tokenization technology, allowing to securely link a mobile device with a payment card”, says Javier Perez, President Mastercard Europe.
Apple Pay is easy to set up and users will continue to receive all of the rewards and beneﬁts offered by Mastercard credit and debit cards.
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Mastercard(NYSE: MA), www.mastercard.com,is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blogand subscribefor the latest news on the Engagement Bureau.