New Payment App will be Available in Google Play Store in the next
few days
BIRMINGHAM, Ala.--(BUSINESS WIRE)--
Regions
Bank customers can soon add their Regions Debit, Credit and Prepaid
Now cards to Android Pay, the simple and secure way to pay with your
Android phone.
Android Pay enables Android users to seamlessly tap and pay with their
phones at more than 1 million stores across the US, with more locations
being added every day, and to make those purchases easily and securely.
Regions customers can use this new payment product to load an existing
Regions card to Android Pay and use those cards to make purchases in
stores that accept contactless payments.
Android Pay is supported by industry standard tokenization, which does
not transmit actual credit or debit card numbers with a payment.
Instead, a virtual account number is used to represent the customer's
account information—providing an enhanced layer of security. Additional
security features also include payment confirmations and the Android
Device Manager, which allows users to lock a device remotely, secure it
with a new password or wipe it clean of personal information if the
phone is ever stolen or lost.
"Regions was one of the first banks in the nation to be announced as a
participant in this service. This is another step forward in enabling
our customers to manage their finances when and where they choose," said
Scott Peters, head of Regions Consumer Services.
"We're excited to bring the simplicity and security of mobile payments
to Regions customers with Android Pay. With Android Pay, people will be
able to use their Android device to pay at more than one million stores
in the US and we're adding more every day," said Pali Bhat, Director,
Product Management, Google.
Android Pay will be available for download on Google Play in the next
few days, and will come pre-installed on new NFC-enabled Android phones
from major carriers.
More information on Android Pay is available at www.android.com/pay.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $122 billion in assets, is
a member of the S&P 500 Index and is one of the nation's largest
full-service providers of consumer and commercial banking, wealth
management, mortgage, and insurance products and services. Regions
serves customers in 16 states across the South, Midwest and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,630
banking offices and 2,000 ATMs. Additional information about Regions and
its full line of products and services can be found at www.regions.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150911005081/en/
Regions Financial Corporation
Mel Campbell, 205-264-4551
www.regionsbanknews.com
Regions
News on Twitter: @RegionsNews
Source: Regions Financial Corporation
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