Apple Pay Coming to UniBank’s members

Offering an Easy, Secure & Private Way to Pay

  • 15 November 2016

    Apple Pay Coming to UniBank’s members

    SYDNEY, New South Wales – 15 November 2016 — UniBank, one of Australia’s leading mutual banks for the tertiary education sector, today brings its members Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

    UniBank’s data suggests that up to 70% of its online banking users are Apple device users, so it is expected that Apple Pay will be eagerly embraced.  

    Security and privacy is at the core of Apple Pay. When you 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 on your device. Each transaction is authorised with a one-time unique dynamic security code.

    “Feedback from our members tells us that they are keen to use Apple Pay, and we expect it will have high adoption,” said Brad Hedgman, Acting General Manager of UniBank.   

    Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by credit and debit cards. In stores, Apple Pay works with iPhone SE, iPhone 6 and later, and Apple Watch. 

    Online shopping in apps and on websites 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 on the go in apps or Safari, Apple Pay works with iPhone 6 and later, iPhone SE, iPad Pro, iPad Air 2, and iPad mini 3 and later. You can also use Apple Pay in Safari on any Mac introduced in or after 2012 running macOS Sierra and confirm the payment with iPhone 6 or later or Apple Watch, or with Touch ID on the new MacBook Pro.

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

    About UniBank

    UniBank is focussed on providing financial products and services for people working and studying in tertiary and post-secondary education, including their families and the broader education sector in general. 

    UniBank is a division of Teachers Mutual Bank Limited. 

    Media enquires: please contact Gillian Tatt, Corporate Affairs Manager, 

    on  02 9735 9825 or 0448 259 942 or [email protected] 

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