You no longer need your credit card to make your purchases. Simply place your mobile phone on the electronic payment terminal (EPT) to pay the bill. This is proposed by Allianz Partners (subsidiary of Allianz) and Visa through their application "Allianz Prime".
Once the application is installed on his mobile device, for example a phone, the customer pays for his purchases online and in stores using his smartphone. This payment method is possible in all countries.
Allianz Prime offers optimum security. The bank account information is replaced by a unique digital identifier called token. In case of loss or hacking of the phone, the token can be disabled remotely without having to delete the Visa account.
There are other benefits: the application allows a better management of the expenses thanks to a specific tool, which analyses these expenses. In addition, Allianz Prime makes it possible to benefit from a loyalty program thanks to the accumulated points for each purchase made.
* The application is being tested in Italy with a panel of Allianz customers.