Basisbank has now launched Apple Pay payments for Mastercard, adding to its previously launched Visa payments capability. Apple Pay is a payments technology that enables secure, fast and convenient contactless payments with an iPhone or other Apple device.
Basisbank customers with an iPhone or other Apple device will now be able to store their Basisbank Visa and Mastercard cards on their device and make contactless payments anywhere these cards are accepted, without the need for the actual card.
Basisbank is a universal bank in Georgia offering a full range of banking services to retail and business customers in the capital Tbilisi and across the regions.
Basisbank is among the top 5 banks in Georgia, with GEL 1.7bn (EUR 0.47bn) in assets. The bank serves 132,000 customers through 24 branches and 66 ATMs and employs 510 people.
Basisbank offers a range of innovative products and services, including remote digital and mobile banking. The Apple Pay payments capability adds to the suite of secure and convenient services Basisbank offers its customers.
Pri-Num was engaged to implement the integration with Apple Pay for both Visa and Mastercard cards. The solution was based on Pri-Num’s secure and scalable Digital Enablement Platform™, a solution that enables the rapid deployment of a range of card and transactions-based digital and mobile services.
Georgia is a global leader in the adoption of innovation in payments technology: today, 95% of payments transactions in the country are contactless.
Georgia became the first country in 2019 in the South Caucasus to implement Apple Pay.
“We are delighted to have helped Basisbank rapidly and securely offer these advanced services to its customers. We have extensive experience in Georgia and in the region, and this has helped deliver a rapid, secure and scalable implementation.”Anastasia Zimina, Pri-Num COO.
Pri-Num has a history of success in Georgia, having helped 3 of the top 5 banks roll-out market leading products and services to their customers, based on its technologies. In 2015 Pri-Num enabled the first contactless payments solution in Georgia, which was also the first contactless payments solution in the CIS region.
“This solution enables Basisbank to offer the convenience of Apple Pay payments to all Visa and Mastercard holders. This is another step towards offering our clients the most reliable and convenient service.
We are very pleased that this solution has been implemented by Pri-Num.”A Basis Bank representative said.
Basisbank, the financial institution with one of the longest histories in the Georgian banking market, was established in 1993, by a group of friends with GEL 5 million of capital. With assets exceeding GEL 1 billion, Basisbank is among the top six Georgian banks today, enjoying recognition by a number of international partners for its stable growth path and financial transparency.
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.