Banca Transilvania launches a first in Europe, in the BT Pay app: the virtual card with animated design

• The animated virtual card is for online payments and is issued exclusively from BT Pay.
• BT Pay also comes with other new options that help customers save, increase their card credit and access their current accounts, regardless of their currency.
• One of the new features, the ability to add all current accounts opened with Banca Transilvania to the app, has transformed BT Pay from a wallet to a mobile banking app and now means a 360 experience with access to BT current accounts and cards.
• The app has a new design, with all the basic options on the main screen.

Banca Transilvania, in collaboration with Visa, launches, for the first time in Europe, the virtual card with animated design. It is a debit card, in lei, for individuals, which can be used from the BT Pay application, exclusively for online payments.

We are pleased to mark a European first with the animated design of our new product and to add the virtual card to the options we offer our customers. Having such a card puts you in control when shopping online, allows you to better manage your budget and be environmentally friendly. The experience is as simple as possible: the card is issued instantly and can be used immediately, reloaded from another BT card in BT Pay, the details for online payments are at hand and the payment confirmation is also done via the app, says Oana Ilaș, Deputy General Manager Retail Banking, Banca Transilvania.

We are delighted to partner with Banca Transilvania to launch the virtual card with animated design. According to Visa's latest survey on mobile payments in Romania, there is a growing percentage of customers who are willing to use only the virtual card, without issuing a physical one, and who expect an enhanced user experience. At Visa, we believe that diversifying payment methods is important and we are constantly innovating to provide consumers and merchants with fast, convenient and secure ways to pay and get paid. Mobile payments, in-store or online, are among the safest ways to pay thanks to tokenization technology, which means replacing the card data a customer enters into a mobile wallet with a unique set of numbers, adding an extra level of security, says Elena Ungureanu, Country Manager for Visa in Romania.

What's new with BT Pay

BT Pay has a new design, the main new feature is that basic and newly launched functionalities appear on the main screen, making access more intuitive.

New options in the app:

• Credit card credit increase: after completing the online steps, in about 10 minutes, the money is available immediately. The loan amount is up to 50,000 lei, depending on the product and eligibility conditions. The increase can be made on one of the following cards: STAR Forte/Forte Medici, Star Gold/Gold BT-Rotary, BT Flying Blue Classic and Premium.
• Saving with Round-Up: the amount spent is rounded up to 1, 5 or 10 lei and is automatically transferred to a separate savings account, for which interest of 5.25%/year is charged. If the round-up threshold is 10 lei, for a payment of 3.5 lei, the round-up is 6.5 lei, which is automatically transferred to the Round-Up savings account.
• Adding BT current accounts, regardless of currency: customers can consult their balances and transaction history for the last 30 days. They can also transfer money (lei) to their own accounts or to other people and set up recurring payments.

The app can be downloaded for free from Google Play, App Store or Huawei App Gallery. Details of BT Pay's functionality can be found on the BT website and on Ask BT, and the new app design on the BT Blog.