February 15th 2016
Banking just keeps getting Simpler with ABK
Al Ahli Bank of Kuwait (ABK) recently announced the launch of the all new Tap 'n' Go service that is now available for Visa premium credit and prepaid cardholders. The new service uses Visa payWave, a contactless payment technology that enables cardholders to simply wave or tap their card on contactless payment terminals without the need to physically swipe or insert the card into a point-of-sale.
Tap 'n' Go uses a Near Field Communication (NFC) technology and allows customers to conduct low value transactions in a faster, more convenient and secure way at any terminal that accepts Visa payWave.
Commenting on this advancement, Mr. Stewart Lockie, GM - Retail Banking at ABK said: “The launch of the new Tap 'n' Go service is one step further towards applying the Bank’s ‘Simpler Banking’ strategy, which has been a priority. ABK’s Emirates Visa Infinite, Signature and Gold Prepaid Travel cardholders can apply for a Visa payWave-enabled card at any of the Banks branches”.
“Visa is pleased with Al Ahli Bank of Kuwait’s decision to implement Visa’s payWave technology, which is in line with Visa’s objectives to provide easy, secure, and convenient payment solutions to our consumers in Kuwait. Delivering a seamless payment experience to our customers is a priority for us. Visa’s innovation leadership means extending the benefits of electronic payments to more people in more places where and when they want them — whether they choose traditional cards, Visa payWave-enabled cards or smartphones with Visa mobile payment functionality,” said Amit Vij, Kuwait Country Manager at Visa.
Visa payWave is accepted globally and is specifically of value when transacting in fast-paced locations like supermarkets, and public transport in London, Paris, Rome and Singapore.
The Bank supports the adoption of innovative contactless-based payments as it is committed to servicing its customers based on their changing needs while providing them with ‘simpler’ banking solutions.
For more information on Al Ahli Bank of Kuwait please contact ‘Ahlan Ahli’ at 1899899.