Apple Pay Coming to TBC Bank's Customers - Offering an Easy, Secure & Private Way to Pay

Tbilisi, Georgia — September 3, 2019 — TBC Bank today brings its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites.

Apple Pay will be available for all Apple customers with TBC cards. They can make payments in Georgia and abroad using their Apple devices wherever contactless payment or Apple Pay is accepted. Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by TBC's credit and debit cards.

“TBC continues to offer its customers innovative products and services. We are proud to integrate our services with Apple Pay. Now our customers are able to use iPhone and Apple Watch to make their everyday banking transactions in an easy, secure and more convenient way,” said Vakhtang Butskhrikidze, CEO of TBC Bank.

“We’re excited to welcome Apple Pay in the Caucasus region. Starting with the 1st Visa payWave launch in CEMEA region in 2009, Georgia has been quickly adopting digital payments achieving remarkably high level of penetration and usage. We’re positive that launch of Apple Pay will further boost development of new and innovative payment solutions in Georgia,” said Cristina Doros, Visa’s country manager for the Caucasus region.

“Mastercard is a technology leader in a global payment industry. We are committed to deploying the most advanced payments innovations in Georgia and support country’s fast developing digital economy,” said Igor Stepanov, Mastercard, country manager for Georgia and Central Asia.

Security and privacy are 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 authorized with a one-time unique dynamic security code.

With iPhone and Apple Watch, customers can pay with Apple Pay in stores, restaurants, taxis and many more places. When shopping in apps or on the web in Safari with Apple Pay, there’s no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information. Every Apple Pay purchase is authenticated with just a glance or a touch with Face ID or Touch ID, or a device's passcode.

To learn how to use Apple Pay with TBC, please see the instructions: www.tbcapplepay.ge

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