January 21, 2020, Almaty. – Jýsan Bank and Apple have launched contactless payments based on Apple Pay technology. From this time onwards, holders of MasterCard payment cards issued by Jýsan Bank can use the easy, safe and convenient Apple Pay technology to pay their routine expenses.
Using an iPhone and Apple Watch equipped with the NFC technology, it is possible to make contactless payments via POS terminals. In addition, Apple Pay allows making e-payments using other Apple devices, iPads and Mac computers, at Internet shops and via App Store applications.
"The life becomes increasingly mobile; even payments have moved to smartphones. Over 60% of all smartphones on the market have the NFC payment functionalities. Clearly, Apple Pay is an intuitive and much-needed functionality that facilitates and simplifies contactless payments for Jýsan Bank card holders. There's more to come - clients of our Bank will be able to get a higher 1.5% cashback in real cash from each purchase conducted using Apple Pay," Larisa Belova, Jýsan Bank Managing Director says.
Apple Pay gives a chance to make contactless payment without accessing the Internet or mobile network. Safe and easy payments are ensured by Face ID and Touch ID technologies.
To use the Apple Pay service, clients may add a MasterCard credit or debit card using the Wallet application or link it through the Jýsanmobile application. The detailed connecting instructions are available here.
Contactless Apple Pay payments are available on iPhones 6 or higher, as well as on Apple Watch of any generation. The full list of devices compatible with Apple Pay is available here.
For your information:
First Heartland Jýsan Bank JSC (formerly Tsesnabank) has been operating in Kazakhstan's financial market since 1992. Jýsan Bank is currently represented by its 120 branches in all the regions of Kazakhstan.
Jýsan Bank offers its clients, both individuals and legal entities, a full range of banking services, including opening and servicing of current accounts, international payment cards, lending, deposits, and money transfers, whether in Kazakhstan or globally.
On February 6, 2019, First Heartland Securities JSC, an investment subdivision of the financial holding company of a group of autonomous educational institutions (Nazarbayev University and Nazarbayev Intellectual Schools) bought 99.8% of ordinary shares in the Bank. Subsequently, a new development strategy was approved and rebranding of Jýsan Bank (in the approved Kazakh Latin alphabet) was accomplished.
On August 12, 2019, S&P Global Ratings revised its rating outlook for Jýsan Bank from Stable to Positive, as well as confirmed the long-term and short-term issuer credit ratings at В-/В. At the same time, the Bank's rating has risen according to the Kazakhstani national scale from kzBB- to kzBB.