Swiss Bank GKB Launches Apple Pay Support
A month after Apple officially launched its mobile payments service in Switzerland with three partners, another regional bank has joined the trend: Graubündner Kantonalbank (GKB) announced today that it will offer its clients Apple Pay (via FiNews).
Graubündner Kantonalbank ermöglicht mobiles Bezahlen mit Apple Pay: https://t.co/JQ9MiJ5KKc
— Graubündner KB (@gkb_ch) August 2, 2016
GKB customers only need a Swiss Bankers MasterCard Prepaid card or Travel Cash card in order to start using the service. It costs 45 Swiss francs (~CAD$61) a year to own such a card. The banks operates in touristic regions of St. Moritz and Arosa.
Apple Pay launched in Switzerland in early July with support from three financial institutions: CornérCard, Bonus Card and Swiss Bankers Prepaid Services, while the country’s major financial institutions refrained from backing the iPhone maker’s mobile payments service.
GKB offers various cards to its customers such as Maestro, HCD, MasterCard, Visa and several prepaid MasterCard cards. Among those are the ones issued by Swiss Bankers, giving the regional bank the opportunity to offer the Apple Pay service to its customers.