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Lerex Technology Brings Apple Pay to Customers

A safer, more secure and private way to pay with iPhone and Apple Watch.


London, November 2024 - Lerex Technology, a payment technology solution provider, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.


Customers simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Apple Pay is accepted in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places.


Customers can also use Apple Pay on iPhone, iPad, and Mac to make faster and more convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information. Apple Pay makes it easier to pay for food and grocery deliveries, online shopping, transportation, and parking, among other things. Apple Pay can also be used to make payments in apps on Apple Watch.


Security and privacy are at the core of Apple Pay. When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element, an industry-standard, certified chip designed to store the payment information safely on the device.


Apple Pay is easy to set up. On iPhone, simply open the Wallet app, tap +, and follow the steps to add Lerex-SWAPX debit cards. Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away. Customers will continue to receive all of the rewards and benefits offered by Lerex-SWAPX cards.


For more information on Apple Pay, visit: http://www.apple.com/apple-pay/

For more information on Lerex Technology, please visit: https://www.lerextech.com

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E: contact@lerextech.com
T: 020 3422 2223

Lerex Technology
3 Waterhouse Square
138-142 Holborn
London EC1N 2SW

Cards provided to EEA residents are issued by Transact Payments Malta Limited and cards provided to UK residents are issued by Transact Payments Limited pursuant to licences by Mastercard International. Transact Payments Malta Limited is duly authorised and regulated by the Malta Financial Services Authority as a Financial Institution under the Financial Institution Act 1994. Registration number C 91879. Transact Payments Limited is authorised and regulated by the Gibraltar Financial Services Commission.

Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.

Your Accounts are provided by Moorwand Ltd. Moorwand is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 [register reference 900709] for the issuing of electronic money. Any communications in relation to the account can be sent to Moorwand Ltd, Fora, 3 Lloyds Avenue, London, EC3N 3DS, United Kingdom. 

* UK Safeguarding Explanation - Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011.

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