Fintech startup N26 has introduced mobile payment platform Apple Pay to its customers in the UK after going live in the country in November last year.
Apple Pay does not store the actual card numbers on the device or its server.
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Instead, it allots a unique device account number that is encrypted and then stored on the mobile device.
Transactions on Apple Pay are authenticated through a one-time unique dynamic security code.
Apple Pay is compatible with iPhone, Apple Watch, iPad and Mac.
Customers can add their card directly in the N26 app or add the card via Apple Wallet.
Customers can make online purchases in apps and on websites. These purchases can all be made where Apple Pay is accepted with the Touch ID or Face ID feature.
This removes the requirement to fill out lengthy forms as well as continuously provide shipping or billing data.
N26 head of international markets Alexander Weber said: “N26 has been designed to simplify banking and empower people to take control of their finances.
“With Apple Pay and its cutting edge mobile payments technology, we’re taking the next step towards delivering the best digital banking experience possible for UK customers.”
Last year, N26 made Apple Pay available for its customers in Ireland.
