Raphaels Bank adds Apple Pay to Cash Passport Multi-currency card

The UK bank said that the first multi-currency prepaid card to use ApplePay will be the first facility to transact in up to 10 currencies.

Raphaels Bank Payment Services has begun offering Apple Pay to the bank’s Cash Passport Multi-currency card customers. The card, enabled by Mastercard Prepaid Management Services, is described as the first facility to transact in up to 10 currencies using Apple Pay and “demonstrates a continued commitment to leading innovation in the payments sector” by the UK independent banking house.

“The cashless society is set to accelerate over the next few years in line with the rapid growth in contactless payment transactions at point of sale and Apple Pay is playing a crucial role in this space,” said Janet Johnston, head of Raphaels Bank Payment Services. “Whether via card or mobile, we see it as vital to be at the forefront of the digital payment revolution and are excited to be making it possible for prepaid card programmes to use Apple Pay for multiple currencies.”

Whitepapers & Resources

2021 Transaction Banking Services Survey
Banking

2021 Transaction Banking Services Survey

5y
CGI Transaction Banking Survey 2020

CGI Transaction Banking Survey 2020

6y
TIS Sanction Screening Survey Report
Payments

TIS Sanction Screening Survey Report

7y
Enhancing your strategic position: Digitalization in Treasury
Payments

Enhancing your strategic position: Digitalization in Treasury

7y
Netting: An Immersive Guide to Global Reconciliation

Netting: An Immersive Guide to Global Reconciliation

8y