Lakeland Bank Offers Expanded Mobile Payment Options via Apple PayTM

Oak Ridge, N.J. – Feb. 22, 2016 – Lakeland Bank is now offering Apple Pay with the Lakeland Bank MasterMoney® Debit Card, in addition to Apple Pay with Lakeland’s credit card which was introduced last year.

Apple Pay is an easy, secure and private way to conduct payment transactions in stores using your 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. 

“More and more consumers now use their mobile phones to pay bills, and offering Apple Pay as an option adds value to that segment of the population,” noted Robert A. Vandenbergh, regional president and chief operating officer of Lakeland Bank. “Apple Pay is another choice for Lakeland Bank’s customers to make mobile payments and underscores our continuing commitment to provide customers with innovative technology that simplifies their banking.”

Apple Pay offers convenience, improved security, consumer data protection and lower occurrences of fraud for the growing population of customers who make mobile payments. When clients add a Lakeland Bank credit or debit card to Apple Pay, the actual card numbers are not stored on the device. Each transaction is authorized with a one-time unique number using your Device Account Number and, instead of using the security code from the back of your card, Apple Pay creates a dynamic security code to securely validate each transaction. No information is captured regarding the purchaser or the purchase information and if the iPhone is lost or stolen, payments can be quickly suspended by using Find My iPhone or by calling Lakeland Bank Customer Service. To learn more about enrolling in Apple Pay with Lakeland Bank, visit LakelandBank.com, call 866-224-1379, or visit your local Lakeland Bank office. 

About Lakeland Bank

Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has $4.2 billion in total assets. The Bank operates 53 New Jersey branch offices in Bergen, Essex, Morris, Passaic, Somerset, Sussex, Union and Warren counties; five New Jersey regional commercial lending centers in Bernardsville, Montville, Newton, Teaneck and Wyckoff/Waldwick; and two commercial loan production offices serving Middlesex and Monmouth counties in New Jersey and the Hudson Valley region of New York. Lakeland Bank offers an extensive suite of financial products and services for businesses and consumers. Visit LakelandBank.com for more information.

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