Apple Pay arrives, banks respond with their Siirto service

According to rumours, Apple Pay, a mobile payment and digital wallet service by US-based technology company Apple, will be introduced in Finland on 24 October 2017. Apple Pay is expected to take market shares from traditional financing companies, when the Payment Services Directive will come into effect in Finland at the beginning of 2018. ATM network operator Automatia offers its real-time Siirto multi-banking platform in Finland with OP Financial Group, Nordea and S Group’s S-Bank. In addition, the service functions in online shopping. A total of 400,000 clients use the service in Finland. New banks and service providers will participate in the service in the future. It will be an important step that the Siirto service will become available for payment terminals at stores too.

Media:  Kauppalehti
Date: 24.10.2017
Journalist: Pirkko Tammilehto
Main source: –

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