Apple Pay coming to Swedbank and the savings banks’ customers

Today, Swedbank and the savings banks launches Apple Pay for all their customers with Mastercard and Maestro debit cards, which will offer them yet another easy, secure and private way to pay.

Swedbank sees a continuously increasing interest in various mobile payment services. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites.

“We want to be able to provide our customers a good range of digital and mobile services and Apple Pay is a sought-after service among our customers. We are pleased to now be able to broaden our mobile payment offer with yet another secure and smart alternative, which will provide lots of added value for our customers”, said Lotta Lovén, Head of Digital Banking at Swedbank.

About Apple Pay
Security and privacy are at the core of Apple Pay. 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. With iPhone and Apple Watch, customers can pay with Apple Pay in stores, restaurants, taxis, vending machines and many more places. Every Apple Pay purchase is authenticated with just a glance or a touch with Face ID or Touch ID, or a device’s passcode.

For more information on Apple Pay, visit https://www.apple.com/apple-pay/

Contact:
Lotta Lovén, Head of Digital Banking, Swedbank tfn: +46 70 815 51 66
Carina Sesser Nylund, press contact, Swedbank, tfn: +46 72 230 52 64

Swedbank encourages a sound and sustainable financial situation for the many households and businesses. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 600 000 corporate customers and organisations with 173 branches in Sweden and 123 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 30 September, 2019 the group had total assets of SEK 2 507 billion. Read more at www.swedbank.com

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We want to be able to provide our customers a good range of digital and mobile services and Apple Pay is a sought-after service among our customers. We are pleased to now be able to broaden our mobile payment offer with yet another secure and smart alternative, which will provide lots of added value for our customers.
Lotta Lovén, Head of Digital Banking, Swedbank