Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) introduces Apple Pay - a safe, secure and private payment method for Visa cardholders, helping customers avoid having to hand over their payment cards to others, touch physical buttons or exchange cash, instead using built-in security and privacy features on iPhone, Apple Watch, iPad and Mac to protect transactions.

Customers simply double-click the side button and hold their iPhone or Apple Watch near the terminal to make a contactless payment. Each Apple Pay transaction is secured by authentication using Face ID, Touch ID, or the device’s passcode, along with a dynamic one-time security code.

Apple Pay is accepted at retail stores, pharmacies, taxi services, restaurants, coffee shops, and more. Customers can also use Apple Pay on iPhone, iPad, and Mac to make purchases quickly and conveniently in apps or on the web using Safari without creating an account or re-entering shipping and payment information.

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Security and privacy are at the core of Apple Pay. Actual credit card numbers are not stored on the device or on Apple servers when customers use Apple Pay for payment transactions. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element, a standard chip designed to securely store payment information on electronic devices.

Setting up Apple Pay is simple and convenient. Users can open the Wallet app on their iPhone, tap the plus sign (+), and follow the instructions to add a BIDV Visa credit card. Customers can link their Visa credit card from the BIDV SmartBanking app.

After adding the card to iPhone, Apple Watch, iPad and Mac, customers can start using Apple Pay on that device immediately. Customers will continue to enjoy all the benefits and promotions of BIDV's card such as: accumulating reward points with each transaction, spending interest-free for up to 45 days, paying in installments with 0% interest rate and discount offers at thousands of BIDV's partner locations.

To use Apple Pay, users need an iPhone 6 or later running iOS 12.5.2 or later. The service also supports Apple Watch Series 4 or later with at least watchOS 9 and must be paired with an iPhone 8 or later. See: https://www.apple.com/vn/ios/feature-availability/#apple-wallet-apple-pay for more details.

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

For more information on how to link BIDV Visa card with Apple Wallet/BIDV SmartBanking and detailed information on promotional programs, contact Hotline: 19009247 or visit website: www.bidv.com.vn

Le Thanh