Saturday, August 25, 2018

FNB launches tap-and-go pay support for Fitbit and Garmin

Baanks and Loans
FNB has announced that its customers can now make payments
through their Visa-enabled FNB Banking Cards, by simply
tapping their compatible Fitbit or Garmin Wearable on any
contactless enabled point-of-sale device.
To make a payment, a customer simply selects the wallet feature
and then taps their wearable on the contactless point of sale,
just as they would when paying with their FNB Pay enabled
smartphone or their contactless card,
“This latest offering complements a number of our digital
solutions that enable customers to conveniently make payments
without the need for carrying a physical card or cash,” said
Jason Viljoen, head of Digital Payments at FNB.
He added that multiple layers of security, such as encryption
and tokenisation, make this one of the most secure methods of
making a payment. Customers can rest assured that their card
details will remain private and secure as they will never be
shared with retailers, Fitbit or Garmin.
As a further security measure, whenever the Fitbit or Garmin
device leaves your wrist you will be required to enter your
wearable pass-code once placed back on your wrist in order to
re-activate the functionality.
“The device stays authenticated for 24 hours or until you take
it off your wrist. In addition, the point of sale device will
also prompt you to enter your card PIN for certain
transactions. Both your card PIN and device passcode should
never be shared with anyone.” said Viljoen.
This new payment solution is available to existing FNB/RMB
Private Bank cardholders, who have a compatible Fitbit or
Garmin device and have downloaded the Fitbit or Garmin App onto
their cellphones. The list of compatible wearables can be found
on the Garmin and Fitbit websites.
Upon linking an FNB Banking Card on the Fitbit or Garmin App,
customers will be sent an OTP message via the FNB Banking App,
SMS or email.
Customers will receive transaction notifications via the
Banking App, SMS or email. They will also be able to view their
transactions on their Fitbit or Garmin App 24/7.

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