Pleo, the fintech empowering businesses with a smart spending and expense management solution, is delighted to announce that it has introduced Apple Pay for its 10,000+ European and UK customers. Allowing Pleo’s customers to instantly benefit from a simple and secure mobile payment method, Apple Pay makes it easier than ever for Pleo customers to make expensable purchases on the go.
Customers will also benefit from Apple Pay’s security and privacy features, including:
• Secure, private Apple Pay payments - which never store card and transaction information on devices or its servers.
• Confirmation of payments via Apple Touch ID or unique passcodes.
• A contactless payment method - removing the need to handle cash or touch buttons amid Covid-19 concerns.
The new co-branded service will launch for its six markets of operation, starting in Denmark and Sweden, before rolling out to customers in Germany, Ireland, Spain and the UK.
The new capability will allow its business users to seamlessly sync their Pleo credit card with Apple Pay and make payments from their favourite Apple device. This integration with the Pleo app will mean employees and their team leaders can easily keep track of business spending in real-time for easier monitoring of expenses.
Niccolo Perrera, Pleo co-Founder and CTO, comments: “We are thrilled to announce this new functionality with Apple Pay. Not only does this make the Pleo service more seamless for our customer base, but continues a trend of people expecting the services they have in their private lives being mirrored in their professional ones. It was a no brainer for us to unlock this partnership with Apple as it’s what is expected in an increasingly digitised and integrated world.”
Apple Pay is widely accepted as a payment method both in-store and online wherever a card can be used, making a payment as simple as the press of a finger with Apple Touch ID. The functionality is usable with a range of Apple devices - from iPhone, to iPads and Apple Watches - meaning Pleo customers will have freedom to make business purchases in a variety of ways.
In May 2019, Pleo closed a $56M Series B funding round led by New York-based growth fund: Stripes. Pleo is also supported by strategic and technical partnerships with Mastercard, J.P. Morgan and Danske Bank.