Banca Transilvania, the biggest lender in Romania, announced that it would include the Apple Pay service in its offer, shortly after ING Bank Romania sent a message regarding the introduction of Apple's digital wallet on the local market in the morning of March 28, local Wall-street.ro reported. The two banks haven't specified an exact date for the launch.

Thus, both Transilvania Bank and ING Bank Romania customers will be able to make payments using their iPhones after the launch of Apple Pay in Romania.

Orange Money is the third player on the local financial services market that announced it would close a partnership with Apple Pay this year. Following this partnership, Orange Money customers holding Apple phones will be able to make NFC payments with them.

NFC payments are contactless payments that use near-field communication (NFC) technology to exchange data between readers and payment devices like Apple Pay and Android Pay eWallets or EMV chip cards.

editor@romania-insider.com

(Photo source: Bancatransilvania.ro)