Ohio-based KeyBank has added Apple Pay for its digital banking customers enabling them to make secure payments at more than 700,000 businesses across the United States using iOS devices.
The new banking offering will allow customers, using iPhone 6 or iPhone 6 Plus mobile devices running iOS 8.1 or later, to complete credit or debit card transactions without revealing their card information.
The move will give KeyBank customers access and control to payments across all digital platforms within the purview of stringent security measures that are in play from the time a client adds their KeyBank credit and debit cards to their Passbook to using Apple Pay.
KeyBank senior vice president and head of digital banking Matthew Lehman said: “We use a detailed identity and verification protocol whenever we observe factors that might indicate attempted fraud when KeyBank cards are being added to Apple Pay.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData