Pri-Num, a global fintech firm that creates software solutions for banks, retail, and transportation companies, announced today that it’s launched Apple Pay for the Georgian bank Cartu Bank.
In partnership with Cartu Bank, Pri-Num’s tech team successfully enabled Apple Pay payment services for the bank’s Visa cardholders.
Cartu Bank is a Georgian bank that was founded in 1994. The bank’s mission is to support the Georgian economy by providing companies with superior quality assistance and exclusive financial services.
Apple Pay is a contactless payment app for Apple devices. It’s a simple, secure, and personalized payment method that is popular in the current mobile payment ecosystem, offering speed and convenience.
With Apple Pay, users can make purchases on the Internet, as well as pay for purchases in stores and applications using an iPhone, Apple Watch, iPad, or Mac. More than 500 million people across the globe have activated Apple Pay on their devices.
User security is a core component of Apple Pay. When a bank patron uses a credit or debit card with Apple Pay, the card numbers are neither stored on the device, nor on Apple’s servers. Instead, a unique Device Account Number is assigned, encrypted, and securely stored within the device. Each transaction is authorized with a one-time, unique security code, making it nearly impossible for security breaches.
Pri-Num’s robust ITS platform ensures that Cartu Bank users will be able to safely and securely use Apple Pay. Pri-Num ITS enables businesses to easily tokenize and provision card portfolios into third-party wallets, unify token lifecycle management and simplify their operations.
We are delighted to have been able to introduce contactless payments for Cartu Bank, which will now be able to offer cutting-edge services to its customers, said Anastasia Zimina, Chief Growth Officer at Pri-Num. With our experience in the region, we have been able to deliver fast, secure and scalable deployments.
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Contact
media@pri-num.com
About Pri-Num
Founded in 2013, Pri-Num is a global financial technology company that creates mobile-centric software solutions for banks, retailers, mobile operators, transportation networks, sports, and entertainment. Pri-Num, which stands for prime numbers, is a leading financial and mobile technology provider, offering customers secure contactless mobile services such as payments, loyalty schemes, transportation, identification credentials, tickets, authorization and access control, and many more. Our partners include top financial institutions, including VISA, Mastercard, UnionPay International, and many others around the world.
About Cartu Bank
Cartu Bank is a Georgian bank that was founded in 1994. The bank’s mission is to support the Georgian economy by providing companies with superior quality assistance and exclusive financial services.