Auswide Bank : 02/03/21 Auswide Bank brings Apple Pay to Customers

2nd March 2021

Auswide Bank brings Apple Pay to Customers

A safer, more secure and private way to pay with iPhone and Apple Watch

Auswide Bank, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash - and uses the power of the iPhone to protect every transaction.

Customers simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Apple Pay is accepted in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places.

From today, any new or existing customers with an Auswide Bank Visa Debit Card or Low Rate Visa Credit Card will be eligible to use Apple Pay on applicable Apple devices. This includes both Full Access and Limited Access Visa Debit Cards, available with Transaction and Business Accounts, Mortgage Offset Accounts and Cash Management Accounts.

Martin Barrett, Auswide Bank Managing Director, said Apple Pay is an exciting addition to Auswide Bank's services which reinforces our commitment to our customers while delivering a key outcome from our Digital Strategy and 3 Year Strategic Plan. In addition to meeting the needs of our digital savvy customers, Apple Pay also offers Security and Privacy features, which our more security conscious customers may desire.

Customers can also use Apple Pay on iPhone, iPad, and Mac to make faster and more convenient purchases in apps or on the web in Safari, without having to create accounts or repeatedly type in shipping and billing information. Apple Pay makes it easier to pay for food and grocery deliveries, online shopping, transportation, and parking, among other things. Apple Pay can also be used to make payments in apps on Apple Watch.

Security and privacy are at the core of Apple Pay. When customers 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, an industry standard, certified chip designed to store the payment information safely on the device.

Apple Pay is easy to set-up. On iPhone, simply open the Wallet app, tap +, and follow the steps to ass Auswide Bank's Visa Debit or Credit Cards. Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away. Customers will continue to receive all of the rewards and benefits offered by Auswide Bank's cards.

For more information on Apple Pay, visithttp://www.apple.com/au/apple-pay/

For more information on Auswide Bank, please visithttps://www.auswidebank.com.au

ALL MEDIA ENQUIRIES TO:

Martin Barrett Managing Director

M: 0413 279 746

About Auswide Bank Ltd

Auswide Bank helps Australians with an extensive range of personal and business banking products and services issued directly or in partnership with leading service providers via branches, strategic relationships and online & digital channels.

Auswide Bank believe that it's the small things that make us different and can make a big difference for our customers and communities.