PITTSBURGH, PA--(Marketwired - September 16, 2015) - Dollar Bank has announced that the Dollar Bank Debit MasterCard is now available for use with Apple Pay. Apple Pay simplifies purchases by using contactless payment technology to connect approved Apple devices with payment terminals. Instead of having to search for their wallets, customers can make purchases with a single touch.
"Apple Pay is a quick and secure way to make mobile payments," said Al Williams, Executive Vice President and Chief Operating Officer. "We are excited to offer this technology to our business and retail customers as a convenient way for them to streamline their purchases in store and within apps."
Customers can use their iPhone® 6 or above and Apple Watch® to make mobile payments in store. Purchases can also be made within apps with iPhone 6 or above, iPad Air® 2 and iPad mini™ 3. Apple Pay is easily set up using the Passbook® app on the iPhone, iPad or Apple Watch.
In addition to simplifying the payment process, Apple Pay also increases payment security through the use of Device Account Numbers. When a customer adds a card into Passbook, a unique Device Account Number is encrypted and stored securely. For each purchase, Apple Pay uses the Device Account Number in addition to a transaction-specific, dynamic security code. By using the Device Account Number instead of an actual card number, the card information is not shared with merchants which decreases the risk of a customer's personal information being stolen.
To learn more about Dollar Bank and Apple Pay, visit www.dollarbank.com/applepay.
About Dollar Bank
Dollar Bank is the largest independent mutual bank in the nation with assets of more than $7 billion.* Today, Dollar Bank operates more than 65 locations throughout the Pittsburgh and Cleveland metropolitan areas and has over 1,300 employees. For 160 years, Dollar Bank has grown to become a large, full service, regional bank committed to providing the highest quality of banking services to individuals and businesses. Dollar Bank (www.dollarbank.com) is headquartered in Pittsburgh, Pennsylvania.
* Source: FDIC.gov, Mutual Institutions as of 3/31/15
Dollar Bank retail, business and corporate credit cards are not eligible for Apple Pay at this time.
Message and data rates from your carrier may apply to Dollar Bank Mobile Banking including Apple Pay services.
MasterCard is a registered trademark of MasterCard International Incorporated.
Apple, the Apple logo, Apple Watch, iPad, iPad Air, iPhone and Passbook are trademarks of Apple Inc. registered in the U.S. and other countries. Apple Pay and iPad mini are trademarks of Apple Inc.
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Contact Information:
CONTACT:
Joseph B. Smith
Senior Vice President
412-261-5037
jsmith835@dollarbank.com