Wirecard has added Apple Pay support for its fully digitised mobile payment solution, boon, in Spain that allows users to make mobile payments at any NFC-enabled POS terminal where the MasterCard contactless logo appears.
With the latest move, customers can now benefit from boon by Wirecard with Apple Pay in six European countries, including the UK, France, Switzerland, Ireland and Italy.
Germany-based payment firm said that Boon is based on an automatic app-to-wallet integration via a prepaid account with a digital MasterCard, issued by Wirecard Card Solutions.
Using the digital card, users can top-up their account through wire transfer, debit or credit card. Boon with Apple Pay works at any NFC-enabled terminal every
Apple Pay does not store the actual debit or credit card number on the device or on Apple servers; instead, a unique Device Account Number is assigned, encrypted and securely stored in the secure element on the user’s device.
To ensure security during transaction, each transaction is authorised with a one-time unique dynamic security code.
Wirecard executive vice president of consumer solutions Georg von Waldenfels said: “With boon and Apple Pay you can leave your cash behind but also make contactless payments in a safe and secure manner.
“We are very happy to offer users throughout Europe this new and state-of-the-art way to make payments without being a customer of a specific bank.”