A safer, more secure and private way to pay with iPhone and Apple Watch
London, UK – 04 August 2021 – gohenry, the prepaid debit card and app helping to improve the financial fitness of young people, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.
Customers simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Apple Pay is accepted in grocery stores, taxis, restaurants, coffee shops, retail stores, and many more places.
The integration of Apple Pay with gohenry’s existing service will allow gohenry’s teen community to use Apple Pay in place of their physical card anywhere contactless payments are accepted – with the exception of stores classed as adult retailers, such as off-licences and betting shops. The same gohenry safeguarding measures will still apply including the ability for parents to set spending limits. UK customers between the ages of 13-18 can provision Apple Pay.
Louise Hill, co-founder and COO, gohenry, says: “As well as the first digital natives, Gen-Z are likely to be the first cashless natives too and, in the current climate that has had a significant impact on many people’s finances, it has never been more important to help this next generation of consumers make smart financial choices.
“With the use of contactless payments accelerating in the past year, we know the introduction of Apple Pay will be welcomed by our large teen community. gohenry is designed to empower young people with financial independence in a safe environment – virtual cards are a big part of that learning as well as our financial future.”
Customers can also use Apple Pay on iPhone, iPad, and Mac to make faster and more convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information. Apple Pay makes it easier to pay for food and grocery deliveries, online shopping, and transportation, among other things. Apple Pay can also be used to make payments in apps on Apple Watch.
Security and privacy are at the core of Apple Pay. When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element, an industry-standard, certified chip designed to store the payment information safely on the device.
Apple Pay is easy to set up. On iPhone, simply open the Wallet app, tap +, and follow the steps to add gohenry debit cards. Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away. Customers will continue to receive all of the rewards and benefits offered by gohenry cards.
For more information on Apple Pay, visit: https://www.apple.com/uk/apple-pay/
Jesse Pitts has been with the Global Banking & Finance Review since 2016, serving in various capacities, including Graphic Designer, Content Publisher, and Editorial Assistant. As the sole graphic designer for the company, Jesse plays a crucial role in shaping the visual identity of Global Banking & Finance Review. Additionally, Jesse manages the publishing of content across multiple platforms, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.