Renasant Bank Makes Apple Pay Available to its MasterCard Clients

Apple Pay provides a safe, secure and private mobile payment option for Renasant Bank clients

Aug 10, 2015, 12:26 ET from Renasant Corporation

TUPELO, Miss., Aug. 10, 2015 /PRNewswire/ -- Renasant Corporation (NASDAQ: RNST) (the "Company") announced today that MasterCard cardholders with a Renasant Bank MasterCard® Debit Card now have access to faster, more secure everyday payments through Apple Pay™. Renasant clients can pay wherever Apple Pay is accepted and enjoy the added freedom of mobile payments and enhanced payment security. 

"We are excited to offer our clients the opportunity to use Apple Pay with their Renasant Bank MasterCard Debit Card," said John Oxford, Director of Corporate Communication and External Affairs for Renasant.  "Adding Apple Pay to our retail banking product line is further evidence of our continued commitment to mobile and online banking technology and meeting the digital banking needs of our clients."

Not only are payments quicker with Renasant Bank MasterCard® Debit Card and Apple Pay, they are more secure. When you add your card to 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 on your device. Each transaction is authorized with a one-time unique dynamic security code. And, if a device is lost or stolen, you can use Find My iPhone to quickly put it in Lost Mode to suspend Apple Pay, or you can wipe your device clean completely or stop the ability to make payments on iCloud.com

Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by credit and debit cards. In stores, Apple Pay works with iPhone® 6, iPhone® 6 Plus and Apple Watch™. When paying for goods and services within apps, Apple Pay is compatible with iPhone® 6, iPhone® 6 Plus, iPad Air® 2 and iPad Mini™ 3.

For instructions on how to use Apple Pay with Renasant Bank's MasterCard® Debit Card, please visit www.renasantbank.com.

About Renasant Corporation: Renasant Corporation is the holding company for Renasant Bank, a 111-year-old financial services institution. Renasant has assets of approximately $7.8 billion and operates more than 170 banking, mortgage, financial services and insurance offices in Mississippi, Tennessee, Alabama, Georgia and Florida.

NOTE TO INVESTORS: This news release may contain, or incorporate by reference, statements which may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Such forward looking statements usually include words such as "expects," "projects," "anticipates," "believes," "intends," "estimates," "strategy," "plan," "potential," "possible" and other similar expressions. 

Prospective investors are cautioned that any such forward-looking statements are not guarantees for future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.  Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include significant fluctuations in interest rates, inflation, economic recession, significant changes in the federal and state legal and regulatory environment, significant underperformance in our portfolio of outstanding loans, and competition in our markets. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

 

Contacts

For Media:

For Financials:

John Oxford

Kevin Chapman

First Vice President

Executive Vice President

Director of Corp Communication

Chief Financial Officer

(662) 680-1219

(662) 680-1450

joxford@renasant.com

kchapman@renasant.com

 

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SOURCE Renasant Corporation