U.S. Bank has announced that its consumers who use U.S. Bank FlexPerks American Express credit cards can now make purchases with Apple Pay.
The bank’s U.S. Bank FlexPerks American Express card portfolio includes U.S. Bank FlexPerks Reserve American Express Card; U.S. Bank FlexPerks Travel Rewards American Express Card; and U.S. Bank FlexPerks Select+ American Express Card.
Apple Pay is a mobile wallet that allows customers to make purchases at participating stores with their iPhone 6, iPhone 6 Plus and Apple Watch.
When a consumer adds a credit card to Apple Pay, the actual card numbers are not stored on the device, or 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.
U.S. Bank retail credit-card division senior vice president Cliff Cook said: "Enabling Apple Pay for our U.S. Bank FlexPerks American Express Cardmembers continues our efforts to give customers choices in how they manage payments, as well as providing them an easy, secure and private way to pay."