Czech mobile payment provider Twisto has collaborated with payment service provider Wirecard to offer Apple Pay to its users.
In order to make a payment, users have to add their digital Twisto Mastercard to Apple Pay.
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By GlobalDataTwisto CEO Michal Smida said: “We are proud to be the only Czech Apple Pay payment provider which is not connected to a specific bank.
“This makes us very competitive nationally and internationally and enables us to offer consumers a unique shopping and payment experience, regardless of who they bank with.”
Twisto, with operations in the Czech Republic and Poland, facilitates instant purchases and invoice settlement through a mobile photo scan.
Supported by Wirecard, Twisto intends to expand into other European markets.
Twisto users can make payments with Apple Pay through Touch ID or Face ID.
Instead of storing the actual card numbers on the device or its server, Apply Pay allots a unique device account number.
The number is encrypted and then stored on the mobile. Transactions on the platform are authenticated with a one-time unique dynamic security code.
Wirecard vice president sales financial institutions and fintech Europe Julian Weste said: “The Czech Republic is another market in which we can offer a combination of a mobile payment app with the convenience of Apple Pay.
“Our goal is to continue the digitisation of payment processes in Europe.”
