American Express is committed to make Apple Pay to be available in key global markets allowing its cardholders to pay on the go with an iPhone, Apple Watch or iPad. Apple Pay is expected to be available for Card Members in Canada and Australia this year and in Spain, Singapore and Hong Kong in 2016.
With Apple Pay, Card Members in these countries will have the ability to seamlessly add their eligible consumer, small business and corporate American Express® Cards(i) and pay with iPhone or Apple Watch in stores where contactless payments and American Express are accepted. Card Members will also be able to use their iPhone or iPad to pay within participating merchant apps.
When paying with Apple Pay, Card Members will continue to get all of the protection and customer service they expect from American Express.
Just like in other countries that accept Apple Pay, Card Members who use an eligible American Express Card with Apple Pay will get these features:
• Real-time notifications and details for purchases
• Seamless connection to the Amex® Mobile app for enhanced account monitoring, servicing and access to available rewards and offers
Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on their device. Each transaction is authorized with a one-time unique dynamic security code.
For data, background and forecasts on American Express & Apple Pay: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).