Apple Pay
Money and you
Contactless payments: definitions and the main benefits
The world of 2022 is fast-paced and filled with solutions for bettering people’s day-to-day lives. One such solution is contactless payments, and we at Genome consider it to have a vital place among other essential technologies in the banking sphere. As you might have guessed, today we dedicate an article to this topic, explaining the contactless payments phenomena, its benefits, and its usage. What are contactless payments? It is a method of payment that requires no contact with the point-of-sale reader when you make a purchase. Instead, you hold your phone or card near the reader to pay. Let’s make
Money and you
Apple Pay – a mobile wallet for private clients and businesses
Apple Pay was introduced a few years ago and, since that time, has literally taken over the world. Coupled with Google Pay, these are the two most widely used mobile wallets globally. This Genome article will discuss the pros of Apple Pay for private clients and businesses. Read on! What is Apple Pay, and how does it work? It’s an innovative solution that enables safe transactions and NFC contactless payments on iOS. Apple Wallet was designed to securely store one’s card information tokenized and make safe purchases using different devices, including an iPhone. It works the same way in all the countries, including
Product news
Genome introduces Apple Pay for personal and corporate cards
It is time to celebrate another milestone regarding Genome’s cards for individuals and businesses! Our team’s mission was to make these cards as seamless for payments as possible. Now we can say – mission accomplished! Our cards have Apple Pay for swift, safe and contactless payments via your phone! Why do you need Apple Pay? Apple Pay is a very convenient feature for payments made on the go. Now, it is available for our virtual cards to extend their functionality beyond online usage. And our physical cards can be easily added to the Apple Wallet as well! If you use
Money and you
Best debit cards for Apple Pay
Cashless payments have long stopped being a cool novelty. They are not only safer for the environment but also more convenient, faster, and easier to make daily. In today’s Genome article, we’re talking about the best debit cards for Apple Pay – an E-wallet for safe transactions and NFC contactless payments. What is Apple Pay This application was first introduced to the general public back in 2014 and, since that time, has taken over smart devices all over the world. Google Pay (Android) and Apple Pay (IOS) are the two most widely used tools for NFC contactless payments. To put it simply, these are
Money and you
NFC contactless payments: how they work and why you need them
We’ve all probably added debit or credit cards to Apple Pay or Google Pay digital wallets at least once. Most of us have shifted to making in-store purchases with our smart devices rather than physical bank cards. But have you ever wondered how NFC technology really works and what is needed for this? Today Genome prepared in-depth material on NFC contactless payments and their security. Read on to find out what stands behind your daily safe transactions. NFC contactless payments: what are they While this name may seem complicated and odd at first, the reality is much more simple. Every time one
Money and you
Apple Pay payment method and how it works
Contactless digital payments were a thing even before a global pandemic caused faster worldwide digitalization. Genome is a financial services provider that is changing and facing all the challenges in a timely manner. Today we’re talking about Apple Pay – one of the two most used digital wallets for making contactless purchases. If you’re still unsure what its benefits are or simply want to know more about how it works, read on. What is Apple Pay It’s an e-wallet that allows speedy digital payments and securely stores your banking details (card number, etc.). This digital wallet uses NFC (Near-Field-Communication) technology – the basis for in-store contactless
Money and you
All about the Google Pay payment method and how it works
In this article, Genome overviews Google Pay technology and what it offers. Read on to find out how to set it up and make the most of this service. What is Google Pay It’s a digital wallet platform where you can store bank, loyalty, gift cards, coupons, and tickets. It also serves as an online payment system because one can use card details for in-store and online purchases. In both cases, you need to download an application and add your card information. In the next step, the card is tokenized – it means that during transaction processing, a randomly generated token is used rather than a