Source: TCF Bank
TCF Bank, a wholly-owned subsidiary of TCF Financial Corporation (TCB), today announced the availability of Apple Pay™ for its debit and credit cards, providing an easy, secure and private way to pay in store with iPhone® 6, iPhone 6 Plus and in app with iPhone 6, iPhone 6 Plus, iPad Air™ 2 and iPad mini™ 3.
“Consumers want fast, convenient and secure ways to pay for purchases,” said Mark Jeter, Managing Director of Branch Banking at TCF Bank. “With Apple Pay, TCF Bank customers now can make payments at thousands of participating retailers or when they make in-app purchases with the confidence that their personal and financial information is protected.”
Security is at the core of Apple Pay. When consumers add a TCF Bank debit or credit card with Apple Pay, card numbers are not stored on the device or on Apple servers. Instead each transaction is authorized with a one-time unique dynamic security code, rather than using the security code from the back of the card. Even if the security code is fraudulently obtained, it cannot be used to make additional purchases.