Morgan Stanley Wealth Management (www.morganstanley.com) says that, using their iPhone 6/6Plus, clients can add their Morgan Stanley Debit Card to Apple Pay to pay for purchases in stores or within apps.

Once the Morgan Stanley Debit Card is securely added to Apple Pay, clients can hold their Apple smartphone near the contactless reader and, with the touch of a finger, the payment is made. When shopping within apps on their iOS device checking out can be as easy as selecting Apple Pay and placing a finger on Touch ID, says Eric Heaton, head of Morgan Stanley’s Private Banking Group.

Morgan Stanley Wealth Management clients’ account security is a key priority for the firm. The Apple Pay feature, which doesn’t share the actual debit card number with the merchants or transmit it with payments, supports that goal, Heaton says.

Instead of using the Morgan Stanley Debit Card number, Apple Pay assigns a unique Device Account Number that is encrypted and stored in the secure element on the mobile device. Each transaction is authorized with a one-time unique dynamic security code, instead of using the three digit code from the back of the card. If the client’s device is replaced, lost or stolen, the Morgan Stanley Debit Card information remains safeguarded.