Visa (NYSE: V), a global leader in digital payments, announced today that Visa debit and credit cardholders in the Philippines can now add their eligible cards to Apple Pay on their iPhone, Apple Watch, iPad, and Mac. Apple Pay is an easy, secure and private way to pay in-store, in-app and online.
This announcement accelerates the digitalization of payments all while expanding payment options for Filipinos traveling abroad and visitors traveling to the Philippines. Across the Asia Pacific region, 97% of travelers say that they will bring credit, debit, or prepaid cards on their trips, while only 17% intend to bring foreign currency. Among travelers, 38% said they prefer cards because of robust security and fraud protection features, while 20% cite wide acceptance. Apple Pay seamlessly delivers on these exact needs by making everyday transactions easy, secure, and private.
To pay in-store, customers simply double-click the side button, authenticate, and hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Apple Pay is accepted in grocery stores, pharmacies, restaurants, coffee shops, retail stores, and many more places that accept contactless payments.
