Wirecard is launching its mobile payment solution boon in Switzerland. After establishing the application in the UK and France, Switzerland is already the third market, where customers can benefit from boon with Apple Pay which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.
Boon is based upon a digital prepaid Mastercard, issued by Wirecard Card Solutions.
The virtual credit card allows users to top-up their account via debit or credit card. The app enables smartphone payments at any NFC-capable point-of-sale terminal which accepts Mastercard Contactless payments. The app gives users the freedom of conducting payment transactions without cash or a bank card, with a transparent overview of the entire transaction process.
Security and privacy is at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on 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.
Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by credit and debit cards. In stores, Apple Pay works with iPhone SE, iPhone 6 and later, and Apple Watch.
Wirecard AG is a global technology group that supports companies in accepting electronic payments from all sales channels. As a leading independent supplier, the Wirecard Group offers outsourcing and white label solutions for electronic payments. A global platform bundles international payment acceptances and methods with supplementary fraud prevention solutions. With regard to issuing own payment instruments in the form of cards or mobile payment solutions, the Wirecard Group provides companies with an end-to-end infrastructure, including the requisite licences for card and account products.