Emirates NBD brings Apple Pay to million customers.
Dubai: Emirates NBD brings to over a million customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that is fast and convenient.
Emirates NBD is a leading banking group in the region. Emirates NBD is a front-runner in digital banking innovation in the region, creating several ground-breaking solutions that make banking easier for customers. By enabling Apple Pay for Emirates NBD Debit & Credit Cards, customers can now make quick and secure purchases at outlets wherever contactless payments are accepted. Additionally, customers will also be able to easily add their cards to Apple Pay from the Emirates NBD Mobile Banking App without having to scan and enter card details, providing added convenience.
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. Security and privacy are at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers.
Commenting on the announcement, Suvo Sarkar, Senior EVP & Group Head - Retail Banking and Wealth Management, Emirates NBD said: "As a market leader in innovation and digitization, Emirates NBD is committed to providing customers with products that offer superior value, enhanced access and a seamless user experience, which Apple Pay exemplifies. The introduction of Apple Pay is a key milestone in the ongoing expansion of our digital payment services suite, helping customers make payments in an easier and a more secure manner, and one that we believe will also drive faster adoption of contactless payments in the UAE."
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|Publication:||Daily the Pak Banker (Lahore, Pakistan)|
|Date:||Nov 21, 2017|
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