So far there are a few wallet or digital wallet which allows payment by simply bringing a phone to an electronic payment machine such as Apple Pay, Mi Pago from Banco de Chile, Google Wallet, Onepay from Transbank, and others.
However, a bank borrows and owes State Bank who we remember not compatible with Apple Pay who recently arrived in the country. With the aim of progressing towards this technological process, the banking entity was launched BE Paid the bank’s own wallet.
And when is Apple Pay? Banco Estado launches digital wallet for Android with RUT Account
The manager of the Personal Banking Division of BancoEstado, MarÃa Dolores Peralta, spoke to Chócale media and talked about what is the bank’s plan and its integration with Apple Pay: “we want to start the conversation Apple Pay actually making capabilities available to our customers and Apple users“, said.
What is Be Pay and what systems does it work with?
BE Paid this is the new one digital payment wallet on BancoEstad which allows users pay in stores by simply holding your phone near the reader on the machine, thus confirming the purchase with your card code.
In that sense, users can also bring a record of transactions made the above can be used for customers with Android cell phones using NFC technology (Near Field Communication).
“Chile is a very bankable country, mainly thanks to the RUT Account. If the RUT Account is now digital, It is a natural process for clients to move towards digitalization of payments. We are convinced of that This can be a very good tool” Peralta explained to the mentioned media.
How does Be Pay work?
The important thing is to stay on BancoEstado application on your phone with Android and then you can link cards such as RUT Account, PRO Account or Current Account in the app itself:
- Start your application at Banco Estado and select the option “Activate BE Pay“.
- Then a validation process will start to confirm that your phone is Android. REMEMBER activate the NFC option in your cell phone settings if you have this technology.
- Select the card you want to use for paying with BE Pay accept the terms and conditions and finally confirm your BE Pass code once you bring your mobile device close to the payment machine.