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HONG KONG,14 June 2016 -

DBS Hong Kong will bring its customers Apple Pay, which transforms mobile payments with an easy, secure and private way to pay that’s fast and convenient, this summer.

“As a pioneer in digital banking, DBS Hong Kong is committed to shaping the future of finance by transforming how we operate and serve our customers through digital innovation. We are excited to be one of the first in Hong Kong to support Apple Pay for a best-in-class mobile payment experience for our customers. This and other innovative initiatives will allow us to further explore and develop exciting ways to enhance and evolve how millions of people spend and pay everyday,” Ken Chew, Managing Director of Consumer Finance and eBusiness, Consumer Banking Group and Wealth Management, of DBS Bank (Hong Kong), said.

Security and privacy is at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorised with a one-time unique dynamic security code.

Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by credit and debit cards. In participating stores, Apple Pay works with iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, iPhone SE and Apple Watch.

Online shopping in apps accepting Apple Pay is simple, without needing to repeatedly fill out lengthy account forms or type in shipping and billing information. When paying for goods and services within apps, Apple Pay is compatible with iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, iPhone SE, iPad Air 2, iPad mini 3, iPad mini 4 and iPad Pro.

DBS Hong Kong has and continues to invest considerable resources to drive innovation and digital banking, with many notable examples of first-in-market and award-winning initiatives in providing a joyful customer experience. Among them is iGO Rewards, an innovative one-stop travel rewards platform, and the award-winning DBS Omni Credit Card Companion Mobile App, which was launched early this year with four major “first-in-market” innovations. The popular app is a simple and intuitive mobile solution that provides a safe, secure and joyful banking experience for DBS credit card customers by enabling them to easily track and budget their spending and instantly redeem for cash rebates when they spend worldwide.

For more information on Apple Pay, visit: www.apple.com/hk/en/apple-pay/

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About DBS
DBS - Living, Breathing Asia

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. The bank is also at the forefront of leveraging digital technology to shape the future of banking. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 22,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.

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