INSUBCONTINENT EXCLUSIVE:
challenger bank, has finally added Apple Pay to its mobile-only current account
The just over three year-old fintech says it has been one of the most requested features for its banking app, with over 2,000 mentions of
Noteworthy, Monzo was able to add Google Pay all the way back in October 2017.Meanwhile, many of its passionate and vocal users will be
wondering what took Monzo so long (as an aside, rival challenger Starling was able to add Apple Pay in July 2017)
acknowledge that the feature was coming), likely because Apple imposes strict rules on the ways its partners communicate working with the
Industry insiders tell me that Google Pay has fewer hurdles to jump in comparison.Now that the feature is live, Monzo is talking up the
security and privacy aspect of using Apple Pay, noting that when you use a credit or debit card with Apple Pay, the actual card numbers are
not stored on the device, nor on Apple servers
letting you use your phone to pay rather than fumbling for a debit or credit card, and when shopping online not having to repeatedly enter
Their design thinking has long been a source of inspiration for us