Russian lender Tinkoff Bank has announced that its customers can now use Apple Pay to carry out secure and convenient contactless and online payments.
Customers can now add their Tinkoff MasterCard credit or debit cards to Apple Pay or by logging into the Tinkoff mobile bank.
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When a user adds a credit card to 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 your device.
In brick-and-mortar stores, Apple Pay works with iPhone SE, iPhone 6 and later, Apple Watch, iPad Pro, iPad Air 2, and iPad mini 3 and later.
The payment solution can also be used in Safari on any Mac introduced in or after 2012 running macOS Sierra and confirm the payment with iPhone 6 or later or Apple Watch.
Tinkoff Bank CEO Oliver Hughes said: “Our clients have been eagerly anticipating Apple Pay for Tinkoff Bank cards, and we are proud to be among the first banks to launch this new, secure and private way to pay. Payments are now even easier to make with Apple Pay.
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By GlobalData“We are certain that our clients will take to this new feature and make more contactless payments using Apple Pay.”
