First National Bank, a subsidiary of Pittsburgh-headquartered diversified financial services company F.N.B. Corporation, has unveiled its plans to make Apple Pay available to customers from the first quarter of 2015.
Apple Pay will enable users to make purchases and transact privately at hundreds of thousands of stores through their mobile phones.
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Apple Pay will assign unique, encrypted Device Account Number to each card preventing credit or debit card numbers from being shared with merchants or transmitted with payments.
F.N.B. Direct, First National Bank’s mobile banking app, and Apple Pay will support the bank’s online banking platform that includes an intuitive budget center along with other banking functions.
First National Bank CEO and F.N.B. president and CEO Vincent J. Delie, Jr. said: "With Apple Pay, we will expand our state-of-the-art online and mobile banking offering to incorporate the latest in payments solutions while keeping customer security a top priority."
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