Apple Pay now available to Desjardins members and customers

Offering an easy, secure and private way to pay

MONTREAL, Oct. 4, 2016 /CNW Telbec/ - Desjardins Group today brings Apple Pay to its members and customers, transforming mobile payments with an easy, secure and private way to pay that's fast and convenient.

Security and privacy is at the core of Apple Pay. When using a Desjardins Visa credit or prepaid card or a Desjardins Interac 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 on the device. Each transaction is authorized with a one-time unique dynamic security code.

"Desjardins is proud to add Apple Pay to our line of mobile services—our members and clients can now benefit from this secure and easy to use payment service," stated André Chatelain, Executive Vice-President, Personal Services, Payments and Desjardins Group Marketing. "Today, smartphones are basically indispensable and demand for mobile services—mobile payment in particular—is only going to grow."

Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by their credit card.

Online shopping in apps accepting Apple Pay is as simple as the touch of a finger with Touch ID, so there's no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information. When paying for goods and services within apps, Apple Pay is compatible with iPhone 7, iPhone 7 Plus, iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, iPad Air 2, iPad mini 3, iPad mini 4, iPad Pro and Apple Watch.

Holders of Desjardins Cash Back MasterCard, Cash Back World MasterCard and World Elite MasterCard will be able to use Apple Pay in 2017.

For more information on Apple Pay, visit: http://www.apple.com/apple-pay/.

About Desjardins Group
Desjardins Group is the leading cooperative financial group in Canada and the sixth largest cooperative financial group in the world, with assets of more than $260 billion. It has been rated one of the Best Employers in Canada by Aon Hewitt. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Counted among the world's strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and credit ratings in the industry.

 

SOURCE Desjardins Group

For further information: (media inquiries only): André Chapleau, Public Relations, 514-281-7229 or 1-866-866-7000, ext. 5557229, media@desjardins.com

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https://www.desjardins.com/

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