Riyad Bank, Gemalto roll out contactless payment wristband in Saudi Arabia

Wednesday 14 March 2018 10:35 CET | News

Riyad Bank and Gemalto have joined forces to release Saudi Arabia`s first contactless payment wristbands.

The wristbands are fitted with Gemalto’s Contactless MiniTag and linked to the user’s existing debit, credit account or prepaid accounts, enabling them to make “tap and go” payments.

In addition, The Saudi Arabia-based bank has launched Gemalto’s contactless sticker that can be fixed to the back of any mobile phone to turn it into a contactless payment device.

Earlier in March 2018, Gemalto had announced that it started supplying Empresa Interbaricária de Serviços (EMIS) with the PURE payment solution to help the bank migrate to the EMV Chip and PIN standard.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Riyad Bank, Gemalto, contactless payment, Saudi Arabia, mobile paments, card
Categories: Payments & Commerce | Mobile Payments
Countries: World
This article is part of category

Payments & Commerce