Swisscard opens the door to Apple Pay

The holders of MasterCard, Visa and American Express issued by Swisscard will make payments via Apple Pay by the end of autumn,. The provider of credit cards, leader of the sector, manages in Switzerland over one million cards.

Using their own credit card with Apple Pay, the card number is not stored on your phone and even on Apple's servers, the company states in today's note. Each transaction is authorized by a specific dynamic code.

Apple Pay is offered on Swiss territory for the past three months, while the analogous Twint Swiss solution should make its debut in January. The latter was established on the initiative of the five largest Swiss banks, the financial services company SIX, retailers Migros and Coop and operator Swisscom.

Since launching in the United States, Apple Pay has expanded to Canada, France, Russia, Switzerland, the United Kingdom, Australia, Mainland China, Hong Kong, New Zealand, and Singapore.