PITTSBURGH, Nov. 3, 2014 /PRNewswire/ -- PNC Bank now offers its customers access to Apple Pay, a new service that will transform mobile payments.
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By adding a credit or debit card to Apple Pay, the actual card numbers are not stored on the device or Apple servers. Instead, a unique device account number is assigned, encrypted and stored on the customer's 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.
"As security remains top of mind for PNC and our customers, the features of Apple Pay make it another convenient way for how consumers make in-store purchases today," said Henry Fulton, Retail Assets executive for PNC. "We look for Apple Pay to help redefine the way individuals spend their money."
Apple Pay works with iPhone 6 and iPhone 6 Plus. Paying for goods and services within apps with Apple Pay is compatible with iPhone 6, iPhone 6 Plus, iPad Air 2 and iPad mini 3.
Visit pnc.com for an FAQ and other information about Apple Pay. For more information on Apple Pay, visit: http://www.apple.com/apple-pay/.
PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC (www.pnc.com) is one of the United States' largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.
CONTACT:
Timothy Stokes
(412) 762-0278
timothy.stokesjr@pnc.com
SOURCE PNC Bank
