American Express Offers Apple Pay for UK Corporate Cardmembers
- Payments , Retail Banking
- 23.03.2016 10:30 am
American Express unveils that its UK Corporate Cardmembers can now benefit from Apple Pay to tap and pay with compatible Apple devices.
Apple Pay helps American Express Cardmembers to pay with their Apple device at participating contactless merchants in-store and within participating apps, and to benefit from all of the protection and service offered by American Express.
Karen Penney, Vice President and General Manager UK, American Express Global Corporate Payments & Small Business Services, said: “As businesses look to make life simpler for their employees, allowing them to use the same technologies for business as they are accustomed to in their personal lives, will have a positive impact on the organisation’s expense management process.
“By offering Apple Pay we can give our Corporate Cardmembers a truly innovative way to pay, coupled with all the benefits associated with American Express.” In addition, Cardmembers who use an eligible American Express Corporate Card with Apple Pay will receive:
• Real time notification and details for all purchases
• Seamless connection to the Amex® Mobile app for enhanced account monitoring, transaction history, and servicing on-the-go
Security and privacy is at the core of Apple Pay. When you use a card with Apple Pay, the actual Card number is 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 authorised with a one-time unique dynamic security code.