UW Credit Union: Apple Pay now available to UW Credit Union members

Contact:

Lisa Girdharry

Chief Marketing Officer and Senior Vice President

UW Credit Union

lgirdharry@uwcu.org

800-533-6773, ext. 2274

Madison, WI – December 15, 2014 – UW Credit Union members can now use Apple PayTM to make

payments at participating merchants. Rather than using a traditional plastic card in stores, members

can pay easily and securely with their iPhone 6 or iPhone 6 Plus. They can also make purchases online

within apps with Apple Pay using the newest iPhones and iPads.

“We’re committed to giving our members access to the latest mobile payment technology to make

banking simple,” said David Mickelson, UW Credit Union’s Vice President of Retail Delivery Operations.

“Apple Pay will save members time, making their cards even more convenient to use at stores.”

To get started with Apple Pay, members add their card information to an iPhone 6, iPhone 6 Plus or

Apple Watch, upon availability. When checking out, they simply hold the device near participating

merchants’ card readers with a finger on Touch ID, which completes the transaction. The process

is secure because the actual credit and debit card numbers aren’t stored on the device or 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, instead of using the security code from the back of your card.

“More than 50 percent of our mobile banking logins come from iPhones,” said Rob Van Nevel, Senior

Vice President & Chief Member Solutions Officer of UW Credit Union. “Offering Apple Pay is one more

way we make our services more accessible to our members.”

For additional information about Apple Pay, visit http://www.apple.com/apple-pay/. To learn more about

UW Credit Union, visit uwcu.org.