BANCOMAT enables PagoBancomat cards on Apple Pay for contactless payments with iPhone and Apple Watch

June 26, 2024 - Thanks to the collaboration between Apple and BANCOMAT S.p.A., starting today, holders of a PagoBancomat card issued by a bank in the Intesa Sanpaolo Group will be able to digitize their card on the Apple Pay payment wallet to make contactless payments in authorized stores, using the iPhone or Apple watch.

‍

With the launch of this new service, BANCOMAT S.p.A. is taking a significant step forward in expanding its digital offering. This development is in line with the strategy launched in recent years, aimed at creating new technological assets and launching initiatives aimed at satisfying the emerging needs of Italian consumers.

Following the example of other national circuits in Europe, the digitization of the PagoBancomat card in the Apple Pay wallet offers Italian consumers a greater choice of their preferred payment method, complying with the highest security standards guaranteed by the Apple solution.

Activation and Use

To activate the PagoBancomat card in the Apple Pay wallet, consumers have several options available. They can choose to dematerialize the card by entering the data directly into the Apple Pay wallet or to load it through their bank's app.

The use during the payment phase is simple and intuitive, reflecting the experience of using contactless payments with a physical card. To pay with iPhone, just press the side button twice to open the wallet, authenticate with Face ID, Touch ID or unlock code, and bring the device closer to the terminal.

Benefits for Consumers and Merchants

These functionalities guarantee greater simplicity and speed of use for consumers and at the same time they meet the needs of merchants by reducing the waiting times necessary for the completion of the payment, thus also favoring the penetration of digital payments for low-amount transactions.

Therefore, the collaboration between BANCOMAT and Apple, in addition to offering a solution in line with market orientation, wants to guarantee the highest level of transaction security, relying on the experience gained by BANCOMAT for over 40 years in card payments and on the other hand on the technology and innovation that distinguish Apple.

”Mobile proximity payment in our country they are showing higher growth rates than traditional card payments. More and more people prefer to use digital wallets, a clear sign of the growing habit of Italians to dematerialize cards on their smartphones and the orientation towards digital solutions that reduce payment times and improve the user experience. The collaboration with Apple represents a turning point for BANCOMAT in the digitalization of the offer, with the aim of providing Italians with increasingly simple, immediate and secure payment alternatives through smartphones and wearables. The success of this initiative lays the groundwork for the possible development of new service scenarios, such as the opening of other channels such as e-commerce” he says Oscar Occhipinti, Marketing & Sales Director of BANCOMAT S.p.A.

‍