BBVA and Visa launch their own digital wallet, BBVA Pay, which allows Pay from your iPhone without using Apple PayThe new solution is integrated into the bank's app and is also available on Android, aiming to compete with the native options offered by major technology companies while maintaining the experience within the BBVA ecosystem.
The entity points out that the proposal is secure, 100% integrated and without sharing data with third parties, so that all card and transaction management is carried out in the banking application. The launch will be carried out progressively for customers in Spain, with additional benefits and features planned for those who activate the service.
BBVA Pay: How it works on iPhone and Android
BBVA Pay operates as a digital wallet within the BBVA app, leveraging NFC connectivity for contactless payments at compatible merchants. On iPhone, users can hold their device near the terminal and authorize the payment directly from the banking app. without having to resort to Apple Pay.
This move allows BBVA to become the first bank in Spain and among the first in Europe with its own solution that works in the Apple environment, expanding the alternatives to native wallets and equalizing the experience between iOS and Android for those who prefer to centralize everything in their bank.
The user experience aims to be as agile as that of a native wallet: Contactless payment, quick confirmation and full control from the app. Everything is executed within the BBVA environment, which helps reinforce the privacy and traceability of each transaction.
- Contactless payments with NFC from the BBVA app.
- Manage cards and transactions directly in the bank's app.
- iOS and Android support at launch.
- Access to promotions and possible extra features for customers.
According to the entity, the fact of maintaining the process from beginning to end on its platform strengthens security, control and transparency on payments, as there is no intervention of external intermediaries in daily experience.
Visa Partnership, Availability, and Privacy Focus
The project is supported by Visa, which provides its scale and network technology to enable secure and scalable mobile payments. The company emphasizes that the collaboration accelerates digital transformation in Europe and facilitates seamless user experiences, as highlighted by its Global Clients division.
On behalf of BBVA, the Retail Experience and Value Proposition department emphasizes that this solution marks a milestone for the sector as it is a proprietary portfolio operating on iOS, aligned with the bank's commitment to innovation and continuous improvement of the customer experience.
The availability of BBVA Pay will be progressive for customers in Spain over the coming weeks. In addition to contactless payments, the bank anticipates benefits and promotions, as well as access to features that will be gradually added to the banking app.
With this alternative, BBVA and Visa promote a more open and competitive environment, offering more options for the consumer to decide how to pay with your mobile phone, without giving up the convenience of an integrated experience and the protection of your personal information.
What's changing with Apple Pay and Google Wallet?
Unlike the native 'wallets' of Apple or Google, BBVA's proposal focuses on the client Manage everything from your bank, without giving data to third partiesThis may be especially attractive to those who prioritize privacy and traceability of their payments within the same financial environment.
On a day-to-day basis, the operation will be familiar: Bring your iPhone or compatible Android device close to the data terminal. and authorize the charge from the BBVA app. The unique advantage lies in the full integration with the customer's mobile banking, which simplifies monitoring cards and transactions.
The launch places the entity as a benchmark in mobile payment innovation in Spain and reinforces the convergence of experiences between platforms, offering an additional way for those who prefer to make their mobile payments without depending on the Apple wallet.
The arrival of BBVA Pay, developed together with Visa, brings a A real alternative to paying from your iPhone without Apple Pay, with a seamless experience under the umbrella of the bank's app; its gradual rollout in Spain, focus on privacy, and the promise of new benefits outline a proposal designed to give users more control and options.
