DBS Group Holdings has adopted the usage of Apple Pay, a type of mobile payment that can be made using an Apple device.
Starting Wednesday, all customers with any DBS/POSB Visa and MasterCard consumer credit or debit cards are eligible to use Apple Pay.
Apple Pay works with iPhone SE, iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus and Apple Watch.
It is also compatible with those devices when paying for goods and services within apps. This extends to iPad Air 2, iPad mini 3, iPad mini 4 and iPad Pro, with the exception of Apple Watch.
For each transaction, users of Apple Pay are required to provide authorisation with a one-time unique dynamic security code.
The credit or debit card numbers are not stored on the device nor on Apple servers.
Instead, a unique device account number is assigned, encrypted and securely stored in the Secure Element on the user's device.
Shares of DBS ended lower at $15.16 on Tuesday.
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Starting Wednesday, all customers with any DBS/POSB Visa and MasterCard consumer credit or debit cards are eligible to use Apple Pay.
Apple Pay works with iPhone SE, iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus and Apple Watch.
It is also compatible with those devices when paying for goods and services within apps. This extends to iPad Air 2, iPad mini 3, iPad mini 4 and iPad Pro, with the exception of Apple Watch.
For each transaction, users of Apple Pay are required to provide authorisation with a one-time unique dynamic security code.
The credit or debit card numbers are not stored on the device nor on Apple servers.
Instead, a unique device account number is assigned, encrypted and securely stored in the Secure Element on the user's device.
Shares of DBS ended lower at $15.16 on Tuesday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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