Apple Pay launched to NatWest business customers
NatWest has announced that it is adding Apple Pay for its business banking customers. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make purchases in stores, in apps and on websites.
NatWest has launched the feature across its full range of Visa debit cards, to its one million Business Banking customers, alongside its existing range of payment options, its online and mobile banking services, and free access to accountancy software FreeAgent.
The bank says that security and privacy are at the core of Apple Pay. When using a debit card with Apple Pay, the 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 the device. Each transaction is authorised with a one-time security code.