back Back

Khaleeji Commercial Bank introduces payment service via Samsung Wallet

By Leandra Monteiro

December 28, 2022

  • Bahrain
  • Card Payments
  • Credit Card
Share

Khaleeji Commercial Bank, Khaleeji Khaleeji Commercial Bank (KHCB), an Islamic bank in the Kingdom of Bahrain, has recently introduced a payment service via Samsung Wallet to its Credit and Debit Card Holders.

The new service ensures high security and privacy, as well as provides a swift and seamless payment option for users of Samsung smart devices.

Commenting on this occasion, Osama Ali Nasr, Chief Technology OfficerKhaleeji Commercial Bank stated, “This payment service via “Samsung Wallet” is a convenient and simple way to pay via mobile phone using Samsung smart devices. This service provides a quick and easy payment experience, as it adds a high level of security to clients’ payment information by relying on advanced coding technology. This service will allow the bank’s clients to make secure and fast purchases, enabling them to make payments by simply swiping their Samsung smart device over POS terminals or while shopping online, creating a fast and secure shopping experience.”

Explaining further, Osama added, “We are delighted to introduce the payment service via “Samsung Wallet” to our valued clients, as it reflects our keenness to take proactive steps towards providing the latest technologies, while ensuring the highest levels of user data protection. The addition of this new service comes in line with the bank’s constant endeavours to develop our banking experience to valued clients, as well as achieve their aspirations to obtain a wide range of innovative banking products and services.”

KHCB is an Islamic bank that strives to achieve clients’ aspirations through an Islamic banking model that offers a comprehensive range of high-quality Shari’a-complaint banking services and investment opportunities to individuals and companies.

Previous Article

December 28, 2022

Verisk set to acquire Swedish InsurTech Mavera

Read More
Next Article

December 28, 2022

G+D acquires majority stake in Netcetera

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

Zilch makes travel bookings more flexible with lastminute.com

Read More

Today

4 FinTech Platforms empowering Gig Economy Workers in the USA

Read More

Today

Arf and LuLuFin partner to enable instant cross-border settlements

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q4 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2024
Know More