Emirates Islamic launches cardless cash withdrawal feature via its mobile banking app — Zawya — “Customers can now initiate the cash withdrawal from the bank’s mobile banking app and the funds can then be withdrawn from any Emirates Islamic ATM without using a debit or credit card. This innovative service also allows the bank’s customers to make transfers to recipients using only their mobile phone number. Beneficiaries will receive an SMS with a one-time PIN to withdraw the amount transferred from the closest Emirates Islamic ATM.”
Google Pay is now available in the United Arab Emirates — 9to5Google — “While not officially announced, the United Arab Emirates was added to various Google Pay support pages today, indicating its imminent availability… It is only available through a handful of banks for now… EIB, ENBD, Mashreq, Standard Chartered.”
Apple Pay Launches in Denmark, Finland, Sweden, and UAE — MacRumors — “In Denmark, Jyske Bank (Visa debit cards only) and Nordea are supporting Apple Pay. In Finland and Sweden, Apple Pay can be used with debit and credit cards from Nordea and ST1. Edenred and N26 support will be coming soon to Finland, while Ticket Rikskuponger will support Apple Pay in Sweden in the near future. In United Arab Emirates, the following banks and cards work with Apple Pay: Emirates Islamic (Visa credit, debit, and prepaid cards), Emirates NBD, HSBC (Visa and Mastercard credit and debit cards), Mashreq, Rakbank (Mastercard credit, debit, and prepaid cards), Standard Chartered Bank”.
Pay with your iPhone in UAE before end of the year — Gulf News — “The American tech giant confirmed on Wednesday that Apple Pay is scheduled to roll out in the UAE before the end of the year and will be made available to debit and credit card customers of Emirates NBD, Mashreq, HSBC, RakBank, Standard Chartered and Emirates Islamic.”
Emirates Islamic is first Islamic bank to integrate blockchain technology into cheques — Emirates Islamic — “Emirates Islamic will issue new cheque books carrying a unique QR (Quick Response) code on every leaf, along with a string of 20 random characters… In the next phase of the Cheque Chain project, the bank will have each cheque leaf registered on the Bank’s blockchain platform enabling it to validate the authenticity of the cheque at source.”
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Customers of Emirates Islamic Bank can now request account information through social media site Twitter... More