Apple Pay Now Available for U.S. Bank Customers
November 03 2014 - 10:42AM
Business Wire
U.S. Bank customers now have a safer, more convenient way to pay
using their mobile devices as Apple Pay goes live for U.S. Bank
customers today.
Apple Pay lets customers make in-store mobile payments from
their iPhone 6, iPhone 6 Plus and upcoming Apple Watch. When paying
for goods and services within apps, Apple Pay is compatible with
iPhone 6, iPhone 6 Plus, iPad Air 2 and iPad mini 3.
“We couldn’t be more pleased to see this day arrive for our
customers,” said Dominic Venturo, chief innovation officer at U.S.
Bank. “Providing our customers the ability to securely pay where,
when and how they want is a central theme for our payments
business. Enabling our customers to use Apple Pay is the perfect
example of how we bring that philosophy to life.”
U.S. Bank customers can use Apple Pay with confidence, as
security and privacy is at the core of Apple Pay. When customers
add a credit or debit card with Apple Pay, the actual card numbers
are not stored on the device or on Apple servers. Instead, a unique
Device Account Number is assigned, encrypted and securely stored in
the Secure Element on the device. Each transaction is authorized
with a one-time unique dynamic security code, instead of using the
security code from the back of the card. If the device is lost or
stolen, all information can be made inaccessible or erased
remotely.
For more detailed information about using U.S. Bank and Apple
Pay visit www.usbankgomobile.com/wallet and
www.apple.com/apple-pay.
U.S. Bancorp (NYSE:USB), with $391 billion in assets as of Sept.
30, 2014, is the parent company of U.S. Bank, the fifth-largest
commercial bank in the United States. The company operates 3,177
banking offices in 25 states and 5,026 ATMs and provides a
comprehensive line of banking, brokerage, insurance, investment,
mortgage, trust and payment services products to consumers,
businesses and institutions. Visit U.S. Bancorp on the web at
usbank.com.
U.S. Bank Corporate CommunicationsTeri Charest,
612-303-0732teri.charest@usbank.com
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