Worldpay will offer its customers access to Apple Pay, a new category of service that transforms mobile payments with an easy, secure and private way to pay when it launches in the UK next month.
As the UK’s leading payment provider, Worldpay accepted the first contactless payment ever made in the UK. Worldpay has been instrumental in the adoption of Near Field Communication (NFC) technology, processing £2 billion worth of contactless payments in just four years (January 2012 to May 2015).
In readiness for the launch of Apple Pay, Worldpay is working with retailers of all sizes across the UK to make over 250,000 card machines capable of accepting NFC payments. With Worldpay’s support, well-known high street brands like Arcadia, Dune, SPAR, and others who accept contactless cards at the Point of Sale, will also soon be able to accept Apple Pay.
To support the rapid growth of m-commerce and in-app purchases in the UK, Worldpay is also helping to integrate Apple Pay into some of the world’s biggest travel and retail apps. Worldpay customers will be able to accept Apple Pay in iOS apps to improve their online conversion – all without needing to develop a bespoke payment capability.
Security and privacy is at the core of Apple Pay. When you add a credit or debit card to Apple Pay, the actual card numbers are 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 your device. Each transaction is authorised with a one-time unique dynamic security code, instead of using the security code from the back of your card.
Dave Hobday, UK Managing Director of Worldpay, said in a statement: “For Worldpay, the roll out of Apple Pay in the UK is an exciting step in the evolution of contactless payments and heralds the future of retail. Apple Pay is essential for swiftly bringing secure and private mobile payments at scale to the high street, providing shoppers with yet another quick and easy alternative to cash. Retailers who fail to adopt this new technology will quickly lose out to their savvier rivals.”
Apple Pay is easy to set up and users will continue to receive all of the rewards and beneﬁts offered by credit and debit cards. In stores, Apple Pay works with iPhone 6, iPhone 6 Plus and Apple Watch. When paying for goods and services within apps, Apple Pay is compatible with iPhone 6, iPhone 6 Plus, iPad Air 2 and iPad mini 3.
For more information on Apple Pay, visit: http://www.apple.com/apple-pay/
MacDailyNews Take: Apple Pay continues growing and paying via Apple Watch is sublime; it’s the best, easiest way to execute a transaction ever!
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Apple Pay coming to the UK in July – June 8, 2015