In today’s tech news Apple’s mobile payment technology has finally launched in Germany after four years debuted in the U.S.
Apple also listed partner banks and credit card companies at launch. Which are Deutsche Bank, O2 Banking, N26, Comdirect, HypoVerensbank, Bunq and Boon able to tap up the payment method directly. And further nine banks are slated as adding support in 2019, including DKB, INK and Revolut.
iOS users in the country can now make contactless payments with their device, rather than having to carry cash by adding supported debit or credit cards to Apple Pay. For the security layer to the payment system Apple’s Face ID and Touch ID biometrics are used.
Apple also said in their website: “Apple Pay works in supermarkets, boutiques, restaurants, hotels and many other places. You can also use Apple Pay in many apps and on participating websites with Safari on your Mac, iPhone or iPad.”
In Bloomberg report the revealed details of a multi-million deal in which Google pays for transaction data from MasterCard in order to try to link online. And ad views with offline purchases in the US. So for consumer advantage Apple said for the system is privacy Apple Pay using a device-specific number and unique transaction code. Which the user’s actual card numbers never stored on their device or on Apple’s servers. Which means trackable card numbers not shared with merchants. So purchases can not tied back to the individual.
Apple does not say why it took so long to add Germany to its Apple Pay countries. But from Apple Insider said the relatively late adoption was down to pushback from local banks over fees. So Apple Pay at least aligned with those concerns.