Apple Pay to be available in Romania through ING Bank Romania, Banca Transilvania ⋆

Apple Pay to be available in Romania through ING Bank Romania, Banca Transilvania

Apple Pay will be available in Romania through ING Bank Romania and Banca Transilvania, according to local paper Ziarul Financiar citing the two financial institutions. apple pay romania

BT Pay is the first electronic wallet to launch in January 2018. The app is available for both Android and Apple phone users. Currently, for Android payments, the NFC feature needs to be turned on, and for iPhone, it’s done via the BT Pay sticker, which can be ordered directly from the app, free of charge, after inserting a card.

The number of phone payments to merchants and money transfers between BT Pay users increased by 35% in the fourth quarter of last year compared to the previous quarter and transaction volumes increased by 50%, according to BT data, which did not give the figures.

Apple’s payment service is about to be released in 6 other countries besides Romania, namely Austria, Greece, Estonia, Portugal, Slovenia and Slovakia, according to mobile bank N26. This brings the number of European countries where Apple Pay will be available to eighteen. apple pay romania

According to a report by Statista from 2021, the estimated number of iPhone users in Romania was around 3.1 million in 2020, and this number was expected to increase to around 3.4 million by 2025. It is worth noting that this estimate includes all iPhone users, not just those who use Apple Pay.

Apple Pay around the world apple pay romania

Apple Pay has become increasingly popular around the world due to its convenience, security, and ease of use. In addition to making payments, Apple Pay also allows users to store loyalty cards and rewards programs, so they can access and use them easily from their Apple devices.

Apple Pay was available in over 60 countries and regions around the world. These countries included the United States, Canada, Australia, the United Kingdom, Japan, China, and most of the countries in the European Union. Apple Pay has been expanding its availability to more countries in recent years.