Android users with a Samsung Galaxy 23+ or Google Pixel 7 Pro smartphone can now lock, unlock and start compatible BMW vehicles using the car manufacturer’s ultra wideband (UWB) Digital Car Key Plus without needing to take their mobile device out of their pocket or bag... More
Samsung Wallet is to roll out in Bahrain, Denmark, Finland, Kazakhstan, Kuwait, Norway, Oman, Qatar, South Africa, Sweden, Switzerland and the United Arab Emirates, enabling users to store their digital payment, loyalty, membership and identity cards, digital keys, boarding passes and other credentials on their compatible Samsung Galaxy smartphone... More
Apple Pay has rolled out in Azerbaijan, Colombia and Costa Rica with support for cards issued by Bank Respublika, Unibank, ABB and Kapital Bank in Azerbaijan, Bancolombia and Nu Colombia digital bank in Colombia, and Banco de Costa Rica, Banco Promerica, BAC Credomatic and Scotiabank in Costa Rica... More
Apple Pay has rolled out in Bahrain with support for Mastercard and Visa cards issued by the National Bank of Bahrain (NBB), Bank of Bahrain and Kuwait (BBK) and ila digital bank... More
Customers of Bahrain Islamic Bank (BisB) can now open a prepaid card account that enables their children to make contactless in-store payments with an NFC-enabled wristband and allows parents to digitally issue allowances and monitor transactions... More
Central banks in the UAE, Bahrain and Kuwait have all increased the contactless transaction limits in their country, in a bid to combat the spread of Covid-19... More
Updated 30 January 2023 Countries around the world are increasing the contactless transaction limit in a bid to lower cash usage to combat the spread of Covid-19... More
Ithmaar Bank launches biometric ATM network — Trade Arabia — “Ithmaar Bank customers are no longer required to use their cards at the bank’s ATMs. Instead, they can simply use their fingerprint along with their PIN to process financial transactions… To use the service for the first time, customers will need to register their fingerprint data at their nearest branch. The one-time registration only takes a few minutes and allows customer immediate access to the new service.”
Ithmaar Bank and Eazy Financial Services announce plans to launch the region’s first biometric payment network — Ithmaar Bank — “When implemented, Ithmaar Bank customers will no longer be required to use their bank cards at ATMs. Instead, they will simply be able to use their fingerprint along with their PIN to process financial transactions. This provides a simpler, more secure way to process financial transactions than ever before. In future, this may also include points of sale.”
Bahrain to launch national e-wallet on July 4 — Trade Arabia — “The national e-wallet is a joint initiative of the Central Bank of Bahrain (CBB) and Benefit and a first-of-its-kind project in the kingdom. It will enable instant payments via smartphones and also facilitate the collection of payments electronically through debit, credit and prepaid cards and online bank accounts, for online and in-store purchases.”