Keybank adds Apple Pay to digital banking services

March 17, 2015 - 

Buffalo-based banking institution KeyBank N.A. is enabling customers to use the Apple Pay payment system, according to a report by Biz Journals.

All KeyBank customers who have an iPhone 6 or iPhone 6 Plus can use Apple Pay to make secure mobile payments at more than 700,000 businesses across the country.

Apple Pay, which launched last October, enables users to complete credit and debit card transactions using the new Touch ID fingerprint sensor.

Western New York’s M&T Bank and First Niagara Bank N.A. previously made Apple Pay available to their credit and debit-card customers.
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While some U.S. banks have been seeing a growing level of fraud associated with mobile payment systems, many of these institutions have implemented better verification systems to combat this issue head on.

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About Justin Lee

Justin Lee has been a contributor with Biometric Update since 2014. Previously, he was a staff writer for web hosting magazine and website, theWHIR. For more than a decade, Justin has written for various publications on issues relating to technology, arts and culture, and entertainment. Follow him on Twitter @BiometricJustin.