allpay to offer Apple Pay for bills
Long-standing partnership with the Post Office allows customers to pay bills via Apple Pay
Clients of bill payment specialist allpay will from today be able to offer Apple Pay to their customers through the Post Office providing them with a secure, quick and easy way to pay bills using iPhone or Apple Watch to make contactless payments. Apple Pay is transforming mobile payments with an easy, secure and private way to pay.
Processing more than £4.4 billion per annum on behalf of insurance, housing association, local authority, utility and government clients, allpay is a key player in the household bill payments market and its long-standing partnership with the Post Office allows citizens to pay their bills with cash, cheque or via their debit card.
Nearly 10 percent of the payments it processes for its clients annually through the Post Office are via debit card with a significant number of customer paying bills under the contactless limit of £20 (soon to be £30) – predominantly for insurance payments, gas and electric payments, fine payments and debt repayments.
The company says that the convenience of using Apple Pay to pay their bills gives people greater choice and convenience over their payments.
Security and privacy is at the core of Apple Pay. When you add a credit or debit card to 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 authorised with a one-time unique dynamic security code.
Tony Killeen, Managing Director at allpay, said: “The Post Office has and continues to be a key strategic partner of allpay’s – a brand customers can trust and feel assured about when paying their bills. With its 30,000 contactless terminals, it has one of the largest estates in Europe, so we’re naturally delighted to be able to offer contactless payments via Apple Pay through the network. It fits with allpay’s strategic objective of offering the widest range of payment options for its customers.”
allpay can accept payments through Apple Pay in Post Offices around the UK, with a limit of £20, increasing to £30 in September in line with other contactless payment methods.
Apple Pay is easy to set up and users will continue to receive all of their existing card rewards and benefits. In stores, Apple Pay works with iPhone 6, iPhone 6 Plus and Apple Watch.