Czech mobile payment provider Twisto has collaborated with payment service provider Wirecard to offer Apple Pay to its users.
In order to make a payment, users have to add their digital Twisto Mastercard to Apple Pay.
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Twisto CEO Michal Smida said: “We are proud to be the only Czech Apple Pay payment provider which is not connected to a specific bank.
“This makes us very competitive nationally and internationally and enables us to offer consumers a unique shopping and payment experience, regardless of who they bank with.”
Twisto, with operations in the Czech Republic and Poland, facilitates instant purchases and invoice settlement through a mobile photo scan.
Supported by Wirecard, Twisto intends to expand into other European markets.
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By GlobalDataTwisto users can make payments with Apple Pay through Touch ID or Face ID.
Instead of storing the actual card numbers on the device or its server, Apply Pay allots a unique device account number.
The number is encrypted and then stored on the mobile. Transactions on the platform are authenticated with a one-time unique dynamic security code.
Wirecard vice president sales financial institutions and fintech Europe Julian Weste said: “The Czech Republic is another market in which we can offer a combination of a mobile payment app with the convenience of Apple Pay.
“Our goal is to continue the digitisation of payment processes in Europe.”
