Genome brings Apple Pay to its customers

By Joy Dumasia

Genome, a Lithuania-based electronic money institution brings its customers Apple Pay, a secure way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash. Now all clients with iPhones, iPads, and Apple Watch can perform contactless payments using their Genome accounts.

The feature allows for paying with Apple Pay from Genome cards offline and online wherever the Apple Pay payments are accepted. All Genome cards can be added to Apple Wallet to provide the clients with an additional level of security, enabling payment using FaceID or TouchID. Customers can also use Apple Pay on Mac to make faster and more convenient purchases in apps or on the web in Safari without creating accounts or repeatedly typing in shipping and billing information.

“We’re one more step further in achieving Genome’s long-time goal of providing our clients with safe contactless payments. I’m delighted to announce that Apple Pay is now available for our clients. Now our customers can take advantage of the privacy, security, and speed that Apple Pay offers when making payments on the Apple devices they use every day,” says Daumantas Barauskas, CEO of Genome.

Genome is an Electronic Money Institution licensed and supervised by the Central Bank of Lithuania. Genome makes the online opening of personal, business, and merchant accounts quick, simple, and secure. The onboarding and accounts management is entirely online. An individual or a company can start a wallet at Genome and open up to 15 dedicated business IBAN accounts in different currencies.

Recently, IBS Intelligence reported that, according to Apple Insider, Apple had introduced Apple Pay Later, a new feature backed into the company’s payment platform that will allow users to split purchases into separate payments. The Buy Now, Pay Later service will allow users to split any Apple Pay purchase into four equal payments over six weeks with no additional interest or fees.