Yolt introduces Apple Pay for its customers

By Aisling Finn on Thursday 3 December 2020

Digital BankingSavings and Investment

As of yesterday, Yolt’s contactless card could be added to its users’ Apple Wallets.

Yolt introduces Apple Pay for its customers
Image source: The new Yolt card.

Money management app Yolt now lets its debit card-holding customers pay via Apple Pay.

The new integration will enable Yolt’s users to pay with their iPhones and Apple Watches, instead of using their physical cards or cash.

By enabling Apple Pay, Yolt is one step closer to being a one-stop-shop for all of its customers’ needs and making its app more accessible.

Pauline van Brakel, chief product officer at Yolt, said: “The Yolt app is designed to help people save whilst they spend in-store and online.”

“As some shops in the UK look to reopen this week, we are delighted to make this even easier through our integration with Apple Pay, giving our users a safe, secure and private way to spend and save with their Yolt Card using iPhone and Apple Watch.”

As well as being able to use Apple Pay in stores, Yolt’s customers with an Apple device will be able to use Apple Pay to make purchases online and in apps downloaded from the App Store. 

Yolt’s addition of Apple Pay comes just a few months after it completely overhauled its app.

The fintech ran a top-secret beta test for three months before releasing the new and improved app to its iOS customers towards the end of October 2020.

Alongside the shiny new app, Yolt also introduced its first account and contactless card, after previously solely operating as a money management platform.

Despite its long history as a money management app, Yolt first began its life as an open banking provider, making the first third-party API call after the implementation of PSD2 in January 2018, before splitting into Yolt, as we know it today, and its open banking arm Yolt Technology Services. 

Since 2017, Yolt has amassed 1.5m customers across the UK, Italy and France.

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