It was recently reported that the savings banks are working on introducing Apple Pay. Updated Terms and Conditions have indirectly confirmed this. Now Apple manager Jennifer Bailey and the Sparkassen-Finanzgruppe have commented on the issue.
"The savings banks will introduce Apple Pay in Germany this year and offer customers this simple, secure and confidential payment method." - this was announced by the Sparkassen financial group on Twitter on Wednesday morning. Meanwhile, Apple Pay boss Jennifer Baily spoke to the German press agency about the Sparkassen Girocard.
She also officially confirmed that Apple Pay will be launched at the savings banks this year - but initially without Girocard support. Bailey did not give an exact launch date. She stressed that savings bank customers will initially only be able to use Apple's payment service with credit or debit cards. The implementation of the Girocard will follow at a later date. "We are in favor of integrating the Girocard, but there is still work to be done, including at the Girocard consortium," emphasized Bailey. After a long back and forth, there seems to be a happy ending in the matter of savings banks and Apple Pay - even if fans of the Girocard will have to wait a little longer. Incidentally, the German Volksbanken and Raiffeisenbanken have also confirmed via Twitter that Apple Pay will be introduced this year.
Apple Pay was introduced in Germany on December 11, 2018. With Apple's payment service, iPhones and Apple Watches can replace credit cards. Simply holding the device up to the terminal triggers the payment process. You can find out everything you need to know about Apple's payment service here. (Image: Sparkasse)
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