Nubank gains integration with Apple Pay for iPhone payment

August 31, 2021
Editora de Invest
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Semana
The functionality is available from this Tuesday to all customers of the traditional Nubank card, Ultraviolet and the PJ account card.

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Nubank announced this Tuesday, 31, that it has released payment through Apple Pay. In this way, fintech customers will be able to make payments via the iPhone or Apple Watch. The functionality is available to all customers of fintech's traditional card, Ultraviolet and Nubank's PJ account card in Brazil as of today and will also be released to Mexican customers later this year.

To use Nubank card in Apple Pay, simply click on "My Cards" in the panel on the home screen. The app will show the cards available for registration - you can register both the physical and virtual debit or credit card in the digital wallet - and then just select "Add to Apple Pay" and enter the 4-digit password to confirm your choice .

Upon continuing the transaction, the customer will automatically be transferred to the Apple Pay confirmation flow. After reading and accepting all the conditions and terms of the wallet, just select the form of card verification and click "Continue" to confirm the card registration.

No contact

To make a payment, consumers simply hold their iPhone or Apple Watch near a terminal and the transaction is contactless. Every purchase made with Apple Pay is secure by being authenticated with Face ID, Touch ID, or device password, as well as a unique dynamic security code. Apple Pay is accepted at grocery stores, pharmacies, taxis, restaurants, cafes, retailers and many other places.

You can also use Apple Pay on iPad, and Mac to make faster, more convenient in-app or web shopping with Safari without having to create accounts or repeatedly enter shipping and billing information.

According to Nubank, the integration with Apple Pay was one of the most anticipated by customers. Cristina Junqueira, co-founder of Nubank, points out that payments with digital wallets are safe and make life easier for people, who can leave home only with their cell phone or smartwatch, without worrying about their wallet.

Nubank points out that even when consumers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y de ellas son responsables sus autores. No reflejan ni comprometen el pensamiento u opinión de Latam Fintech Hub, por lo cual no pueden ser interpretadas como recomendaciones emitidas por la platafomra. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista sobre el ecosistema Fintech.

Nubank announced this Tuesday, 31, that it has released payment through Apple Pay. In this way, fintech customers will be able to make payments via the iPhone or Apple Watch. The functionality is available to all customers of fintech's traditional card, Ultraviolet and Nubank's PJ account card in Brazil as of today and will also be released to Mexican customers later this year.

To use Nubank card in Apple Pay, simply click on "My Cards" in the panel on the home screen. The app will show the cards available for registration - you can register both the physical and virtual debit or credit card in the digital wallet - and then just select "Add to Apple Pay" and enter the 4-digit password to confirm your choice .

Upon continuing the transaction, the customer will automatically be transferred to the Apple Pay confirmation flow. After reading and accepting all the conditions and terms of the wallet, just select the form of card verification and click "Continue" to confirm the card registration.

No contact

To make a payment, consumers simply hold their iPhone or Apple Watch near a terminal and the transaction is contactless. Every purchase made with Apple Pay is secure by being authenticated with Face ID, Touch ID, or device password, as well as a unique dynamic security code. Apple Pay is accepted at grocery stores, pharmacies, taxis, restaurants, cafes, retailers and many other places.

You can also use Apple Pay on iPad, and Mac to make faster, more convenient in-app or web shopping with Safari without having to create accounts or repeatedly enter shipping and billing information.

According to Nubank, the integration with Apple Pay was one of the most anticipated by customers. Cristina Junqueira, co-founder of Nubank, points out that payments with digital wallets are safe and make life easier for people, who can leave home only with their cell phone or smartwatch, without worrying about their wallet.

Nubank points out that even when consumers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y solamente sus autores son responsables de ellas. No reflejan ni comprometen el pensamiento o la opinión del equipo de Latam Fintech Hub y, por lo tanto, no pueden interpretarse como recomendaciones emitidas por la plataforma. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista en el ecosistema Fintech.
Apoyado por:
Mastercard
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