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MasterCard, Apple to secure payment on iPhone 6

MasterCard, Apple to secure payment on iPhone 6
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Apple and Mastercard have partnered to deliver a seamless and secure payment experience for the latest smartphone by the U.S. device marker, iPhone 6.

[blockquote right=”pull-right”]Apple Pay transforms mobile payments with an easy, secure, and private way to make purchases by integrating Apple hardware, software and services and creates a unique and incredibly intuitive experience for its users. [/blockquote]
Apple unveiled Apple Pay that will enable MasterCard cardholders to use their iPhone 6, iPhone 6 Plus and Apple Watch for everyday purchases.

Apple Pay transforms mobile payments with an easy, secure, and private way to make purchases by integrating Apple hardware, software and services and creates a unique and incredibly intuitive experience for its users.

Following the deal, every purchase made with a MasterCard using iPhone 6, iPhone 6 Plus and Apple Watch will offer the security, benefits and guarantees of any MasterCard transaction, the companies said.

Under the plan, owners of the new iPhone 6, iPhone 6 Plus and Apple Watch will be able to use their MasterCard credit or debit cards from participating banks directly through Apple Pay.

Both companies said that at a store, consumers can simply pay by just holding their iPhone near a contactless reader with their finger on Touch ID and their transaction will be authenticated.

Ed McLaughlin, chief emerging payments officer, MasterCard that, “Apple has a long tradition of introducing breakthrough products with features that really matter to people. Apple Pay, combined with MasterCard’s payments technology, gives consumers an easy, secure and private way to shop.”

According to him, “we have been a pioneer of mobile commerce innovation for years  including the world’s first contactless and mobile payment solutions. We’re thrilled that MasterCard cardholders will soon be able to make payments from their iPhone 6, iPhone 6 Plus and Apple Watch, knowing that every purchase is secure and offers all the same guarantees and benefits they’ve come to expect from using their MasterCard.”

 

Kolade Akinola Technology Journalist at Technology Times Mobile: + 234 (0) 807 401 6027

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