CEFCU is pleased to announce that members have the ability to access Apple Pay, a new category of service that will transform mobile payments with an easy, secure, and private way to pay. Any CEFCU Debit MasterCard or Credit MasterCard, may be used with Apple Pay. Cardholders will enroll in Apple Pay directly on their Apple compatible device.
Security and privacy is at the core of Apple Pay. When you add 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, instead of using the security code from the back of your card.
Denise Ghere, CEFCU Vice President, states, “CEFCU is very excited to offer Apple Pay to members. It’s just another secure, fast, and convenient way to pay for purchases.”
In participating stores, Apple Pay will work with iPhone 6, iPhone 6 Plus, and Apple Watch, upon availability. Within apps, Apple Pay is compatible with iPhone 6 and iPhone 6 Plus, iPad Air 2 and iPad mini 3.” For more information on Apple Pay, visit: http://www.apple.com/applepay/