ProCredit Bank Romania Brings Apple Pay to Customers A safer, more secure and private way to pay with iPhone and Apple Watch
Bucharest—6th of September, 2022 — ProCredit Bank Romania, a development-oriented commercial bank that offers customer service to small and medium enterprises and to private individuals who prefer to do their banking through electronic channels, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.
Customers simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Apple Pay is accepted in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places. Customers can also use Apple Pay on iPhone, iPad, and Mac to make faster and more convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information. Apple Pay makes it easier to pay for food and grocery deliveries, online shopping, transportation, and parking, among other things. Apple Pay can also be used to make payments in apps on Apple Watch. Security and privacy are at the core of Apple Pay. When customers 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, an industry-standard, certified chip designed to store the payment information safely on the device.
Apple Pay is easy to set up. On iPhone, simply open the Wallet app, tap +, and follow the steps to add ProCredit’s Bank credit or debit cards. Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away. Customers will continue to receive all of the rewards and benefits offered by ProCredit’s Bank Romania cards.
For more information on Apple Pay, visit: http://www.apple.com/apple-pay/
For more information on ProCredit Bank Romania, please visit https://www.procreditbank.ro/
About ProCredit Bank Romania
ProCredit Bank Romania is part of the development oriented ProCredit group, which consists of commercial banks for small and medium enterprises (SMEs). ProCredit Holding AG, based in Frankfurt am Main, Germany, is the parent company of the ProCredit group. In addition to its operational focus on Southeast and Eastern Europe, the ProCredit group is also active in South America and Germany. The company's shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange. The main shareholders of ProCredit Holding AG includes strategic investors Zeitinger Invest and ProCredit Staff Invest (the investment vehicle for ProCredit staff), the Dutch company DOEN Participaties BV, the KfW Development Bank and IFC (part of the World Bank Group). As the parent company of the group, in accordance with German banking law, ProCredit Holding AG. The KGaA is supervised on a consolidated basis by the German Federal
Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and by the German Bundesbank.
Contact:
Ana Becheru, Marketing Specialist
Tel.: +40 790 679 862
E-mail: Ana.Becheru@procredit-group.com