back Back

Ajman Bank launches Google Pay to enhance digital payment experience

By Delisha Fernandes

August 16, 2023

  • Ajman Bank
  • Credit Cardholders
  • Digital Wallet
Share

Ajman BankAjman Bank, a Shariah compliant bank in the UAE, has introduced Google Pay for its Debit, Credit cardholders for both Android and WearOS devices.

Google Pay is a digital wallet and payment platform from Google that will enable Ajman Bank customers to pay for transactions on the go while using their Android and WearOS devices in-stores and online. To start using it, cardholders will need to store their credit, debit, or prepaid cards on Google Wallet app.

Google Pay allows people to pay and make secure, fast, and convenient purchases in stores (where contactless payments are accepted), in apps, and on the web.

Faizal Kundil, Head of Consumer Banking in Ajman Bank, said, “This collaboration between Ajman Bank and Google Pay is a step towards providing a convenient and secure digital payment experience to customers who prefer paying using their smartphones and watches. It is also aligned with our commitment to offering innovative services to simplify customers’ daily lives and provide a seamless banking experience.”

To start using Google Pay, customers need to update their device software, download the Google Wallet app from the Google Play Store, and enter their card details manually or by scanning the card. They will also need to enter a one-time password (OTP) to verify their identity before they can start using the feature.

Google Pay offers multiple layers of security, including industry-standard tokenisation, which ensures that transactions are made using a virtual card number (a token) that is device-specific and associated with a dynamic security code that changes with each transaction. Moreover, in case of a lost or stolen device, customers can use the ‘Find my device’ function to instantly lock their device from anywhere, secure it with a new password, or wipe it clean of their personal information.

Previous Article

August 16, 2023

Noqodi & Network International to expand digital payments offering in UAE

Read More
Next Article

August 16, 2023

Atome Financial & HSBC partner to aid unbanked consumers in the Philippines

Read More













IBSi Daily News Analysis

biometrics, Identity verification

October 03, 2023

Ajman Bank

Digital Identity Verification checks will surpass 70bn by 2024, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Baton Systems launches auto settlement orchestration platform

Read More

Today

Sintesi partners with Zwipe to offer biometric card solutions in Italy

Read More

Today

FinTech Valu announces strategic expansion into Jordan

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q2 2023

£1,500.00 / year

Know More
Testing & QA for NextGen Bank Tech Q3 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q2 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023