Keybank adds Apple Pay to digital banking services
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.
Article Topics
Apple Pay | authentication | banking | biometrics | fingerprint sensors | Touch ID
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