Pri-Num Team with VTB Bank: Apple Pay comes to Georgia
September 3, 2019

The popular mobile payment and digital wallet service by Apple Inc. is now available for the residents of Georgia. Since September 2009, the cardholders of the VTB Bank have the opportunity to use Apple Pay – an easy, secure and personalized payment method that completely changes the market of mobile payments, offering speed, safety and convenience. Both Visa and Mastercard cardholders are able to use the innovative mobile wallet.

Apple Pay is a convenient and secure way to shop online, to pay in stores and apps using your iPhone, Apple Watch, iPad or Mac. The purchases can be paid incredibly quickly. You only need a device that is always at hand.

“Security and privacy are at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are neither stored on the device, nor Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.”

Claims the VTB Bank

The customers can use Apple Pay when shopping online or at the stores when using taxi or eating at the restaurants. You don’t have to fill in the lengthy account forms and billing information anymore. Each purchase is authorized with just a glance or touch or a passcode on the device.

Mastercard are happy to welcome Apple Pay in Georgia: “We are pleased to welcome the launch of Apple Pay in Georgia. Mobile payments are popular nowadays and we believe, it will develop very dynamically in Georgia, thanks to the extensive contactless payment infrastructure that has been developed here in cooperation with our partners. We are confident that Apple Pay will be a huge boost to the development of contactless payments in Georgia,“ Igor Stepanov, Mastercard’s regional Director in Georgia and Central Asia.

According to Mastercard, Georgia is among the leaders of the CEMEA region in terms of usage the contactless payment method. Almost every second transaction made here via payment card is contactless. In addition, 74% of smartphone users in Georgia prefer to use this device as a payment instrument.

Pri-Num was also involved in the project of Apple Pay launch in cooperation with the VTB Bank.

“Congratulations to all the parties involved! We are glad that we were able to help in the implementation of the project!”

Claims the Pri-Num Team.

Maria Movchan

About VTB Bank

VTB Bank is a universal banking institution that offers its customers a full range of modern commercial banking products. As a member of VTB International Financial Group, the Bank offers high-standard services to large companies, small and medium businesses and individuals in Georgia.

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.