Emirates NBD Partners with Samsung to Provide Early Access to Samsung Pay for Select Customers

Technology

Emirates NBD Partners with Samsung to Provide Early Access to Samsung Pay for Select Customers

Emirates NBD, a leading bank in the region, today introduced its partnership with Samsung to give early access to Samsung Pay, for the bank's customers. Samsung Pay is a secure, rapid and hassle-free mobile payment service that could be made use of to make contactless acquisitions with select Samsung devices * almost everywhere a card is accepted. The launch of Samsung Pay early gain access to will certainly allow Emirates NBD customers to register their cards into Samsung Pay and make payments with Samsung eligible devices*.

Ahead of Samsung Pay's official launch, a choose group of customers have actually been welcomed to take part in the beta screening, and will certainly be amongst the initial Emirates NBD customers to experience Samsung Pay in the UAE, via registering their Debit or Bank card throughout Visa and MasterCard.

Commenting about the launch, R. Sivaram, Executive Vice President - Head of Retail Banking Products, Emirates NBD, claimed: Providing sustained excellence in customer experience is the highest possible priority for Emirates NBD, and we remain to leverage digitization and innovation to make banking less complicated for our customers. We are thrilled to work with Samsung to use our credit and debit card customers a faster and much easier method of making payments using Samsung Pay. Our partnership with Samsung Pay additionally successfully improves the effective launch of Emirates NBD Pay in 2014, to offer yet one more interesting digital payments service for our customers."

Talking about the announcement Mohammad Gharaibeh, Head of IT and Mobile (B2B) division at Samsung Gulf Electronics said: "Samsung Pay is set to transform the purchasing experience for Middle East customers by using them a simple and hassle-free approach of making purchases and repayments securely via their smartphone. Partnering with leading bank, Emirates NBD enables us to more amplify our service in the region and additional broaden the digital payment landscape for their customers."

Samsung Pay is very safe as it utilizes digital tokens in place of the real card number to prevent fraud. It is very easy to utilize, and the repayment is finished with just a swipe up of the home display, authentication utilizing fingerprint or PIN number, and positioning the phone over the terminal.

Unlike other mobile payment systems, that count on contactless terminal facilities, Samsung Pay deal with both NFC (Near Field Communication) and MST (Magnetic Secure Transmission) terminals, making it easy to make use of at any shop where cards are approved. It is presently sustained on choose Samsung tools such as Galaxy S6 side+, Galaxy S7, Galaxy S7 edge, Galaxy Note 5, Galaxy A5, Galaxy A7 (2016), Galaxy A3, Galaxy A5 and Galaxy A7 (2017) as well as the Galaxy S8.