FNB customers can now use Apple Pay
First National Bank announced that customers will now be able to add their FNB cards on Apply Pay and use the application to make payments.
"Over one million customers use the iOS version of the FNB App where they can add their card to Apple Pay or open the app to add FNB cards," the company said in a statement.
FNB payments executive, Raj Makanjee, says the bank is witnessing a wave of contactless payments adoption by its credit, debit and fusion card-holders. “In March and April this year, FNB customers consecutively made over 30 million contactless transactions topping R10bn each month,” he says.
CEO of FNB Card, Chris Labuschagne added that Apple Pay will further accelerate the adoption of contactless payments for customers and it is available to all FNB customers with compatible Apple devices.
To use your card on the application, all you need to do is set up Apple Pay on the device. Customers can then add their virtual card via the FNB App and make a purchase using Apple Pay which provides customers with control via the FNB App.
To set up Apple Pay on iPhone using the FNB App, select ‘Cards’, choose to create a new Virtual Card specifically for Apple Pay or alternatively select an existing Virtual Card, then select ‘Add to Apple Wallet’ and follow the instructions. Customers can also use Apple Pay on iPhone, iPad and Mac to make more purchases in apps or on the web.
Apple Pay can also be used to make payments in apps and on Apple Watch. FNB customers will continue to receive all the rewards and bene?ts offered by FNB's cards including eBucks and purchase protection on qualifying transactions.
In addition to this, security has become one of the biggest concerns when using applications and Apple pay promises uses that it offers the best security. 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.
FNB added that it will be giving away 2500 eBucks to the first 1,000 FNB customers to add their Virtual Card via the FNB App and make a purchase using Apple Pay.
Written by: Gabriella Steyn.
Guzzle Media