Ipak Yuli Bank has launched the Apple Pay service
Apple Pay is a modern payment method that makes mobile payments even more convenient, fast, and secure, allowing you to make easy and contactless purchases via iPhone or Apple Watch.
Ipak Yuli Bank launches Apple Pay service
To make a contactless payment, customers simply need to hold their iPhone or Apple Watch near a payment terminal. Every purchase made with Apple Pay is authenticated with Face ID, Touch ID, or a device passcode. Additionally, a unique, one-time dynamic security code is generated for each transaction. Apple Pay can be used in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many other places.
Customers also have the opportunity to use Apple Pay on iPhone, iPad, and Mac to make in-app purchases or on the web in Safari. This eliminates the need to create a separate account or repeatedly enter shipping and billing information every time. Making payments through Apple Pay for grocery and product delivery services, online purchases, transport, parking, and other services becomes even more convenient. Payment via Apple Pay is also available in apps on Apple Watch.
Security and privacy are the core principles of Apple Pay
When a customer uses a credit or debit card with Apple Pay, the actual card number is stored neither on the device nor on Apple servers. Instead, a unique Device Account Number is assigned to the device. It is encrypted and securely stored in the Secure Element, an industry-standard, certified chip designed to store payment information safely.
Setting up Apple Pay is very simple: open the Wallet app on your iPhone, tap "+", and follow the instructions to add a credit or debit card from Ipak Yuli Bank. Once a card is added to an iPhone, iPad, or Mac, the customer can immediately start using Apple Pay. At the same time, all bonuses and other benefits provided through Ipak Yuli Bank cards are retained.
Founded in 1990 as independent Uzbekistan's first private bank, Ipak Yuli Bank currently serves over 4.5 million customers. The bank offers a wide range of retail, corporate, and investment products, has issued over 6 million cards, and possesses a network consisting of over 900 ATMs and 20,000 POS terminals.