A world without cash can not be far away.
AIB customers can start using the new Apple Pay service from Tuesday, the bank has announced.
Apple Pay works with AIB Personal Credit Cards and Debit Cards wherever contactless payments are accepted, meaning more and more Irish consumers can now pay digitally for goods and services.
“Supporting Apple Pay is the latest in a number of innovative, customer focused developments that cements digital banking as an essential part of our customer’s daily lives,” said Fergal Coburn, AIB’s Head of Digital Products & Payments.
“The way people are banking is changing and with Apple Pay our customers will have even greater choice in the way they purchase goods and services. We’re delighted to provide our customers with the convenience and choice of using Apple Pay.”
The bank has also moved to reassure anyone concerned about security, insisting that, ‘when you 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 on your device.
‘Each transaction is authorized with a one-time unique dynamic security code.’
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