“Slovakia was historically a pioneer in the launching of contactless payments and was one of the first countries where contactless payments became a common method of payment,” said Zdeněk Románek, member of the Slovenská Sporiteľňa Board of Directors, responsible for retail banking when introducing Apple Pay.

During the first day of Apple Pay in Slovakia, as many as 9,655 clients of Slovenská Sporiteľňa registered with the service. They made 12,734 tokenizations in total, which means that some of them registered more cards or more devices.

In Slovakia, there are 4.2 million smartphones in use, of which 15 percent are Apple. There are more than 70,000 points of sales (POS terminals) through which Slovaks can pay contactless. The number of contactless bank cards exceeds 5 million.

“We are presenting Apple Pay on the first day of arrival in Slovakia as we believe that modern Slovakia needs as many of the digital services available as possible,” said Románek.

Currently, there are several banks and financial institutions that offer Apple Pay services in Slovakia, including:

1. Slovenská sporiteľňa – This is the first bank in Slovakia to offer AppIe Pay to its customers. Slovenská sporiteľňa is the largest bank in Slovakia and offers AppIe Pay support for both debit and credit cards.
2. Tatra banka – Tatra banka is another major bank in Slovakia that offers AppIe Pay support for its customers. The bank offers Apple Pay services for both Visa and Mastercard debit and credit cards.
3. mBank – mBank is a digital bank that offers AppIe Pay services for its customers. The bank offers AppIe Pay support for both Mastercard and Visa debit and credit cards.

The benefits of using AppIe Pay in Slovakia are similar to those in other countries where the service is available.

Some of the main benefits include: slovakia Apple Pay

1. Security – Apple Pay uses a secure encryption system that protects the user’s personal and financial information. Users do not need to share their card details with merchants, which helps to prevent fraud and unauthorized transactions.
2. Convenience – Apple Pay allows users to make payments quickly and easily, without the need to carry physical cards or cash. Users can make payments using their Apple devices, such as iPhones, iPads, and Apple Watches.
3. Wide acceptance – AppIe Pay is accepted at a growing number of merchants in Slovakia, including supermarkets, restaurants, and online retailers.

Compared to Google Pay, which banks can use for free, Apple will get almost 2 per mille from payment and a registration fee of €1.17, according to the Hospodárske Noviny daily.

Románek refused to specify how much Slovenská Sporiteľňa will pay for the possibility of offering this service to its clients.

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