U.S.Bank Provides Consumers an Easy Way to Pay with Apple Pay

Posted by BankInfo on Wed, Sep 10 2014 10:22 am

US Bank today reveals its integration with Apple Pay, supplying clients a simple, secure and private way to pay using  their US Bank consumer debit and credit cards right from iPhone 6, apple iphone 6 Plus and Apple Watch. By integrating  Apple developed hardware, software and services, Apple Pay creates a unique and extremely instinctive experience that will certainly be offered to U.S. Bank consumers later on this autumn.

'We are thrilled to belong to this historic moment with Apple,' Said Richard Davis, chairman, president of state as well as CEo of U.S. Bancorp. 'As we focus on U.S. Bank's future, we will continue to increase our mobile innovation in order to equal the current and also future generation of banking customers, and anticipate how you can make our products and services more practical.

Working very closely with Apple to bring Apple Pay to US Bank customers across the nation aligns with our tradition of streamlining customers' lives, creating phenomenal banking services and products, and our ability to make cultural connections with current and future customers through the utilization of technology in innovative and practical methods.'

'Having been a part of a group of market leaders paving the way to much more practical and secure mobile as well as on-line repayments, it's clear that Apple Pay is a tremendous advance,' said Pamela Joseph, vice chair and also head of the payments department at US Bank. 'Customers are never far from their mobile devices, so making it safer and also much easier to pay with those devicesis terrific information for our customers as well as for the industry. Combining Apple's history of innovation with the scale as well as commitment of U.S. Bank, Apple Pay has the capability to influence and also considerably speed up the adoption of mobile repayments.'

Roughly 29 % of all on the online retail sales in the USA will certainly be transacted on Smartphones as well as tablets by the end of 2014, as mentioning on a Forrester Research, Inc., record, 'US Mobile Phone And also Tablet Commerce Forecast, 2013 To 2018,' May 2014. Forrester additionally expects US mobile repayments to get to $90 billion in 2017 (US Mobile Repayments Forecast, 2013 To 2017; January 2013).

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