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i2c, Najm bring Apple Pay to Najm prepaid reloadable cardholders in the Middle East

Thursday 30 January 2020 14:52 CET | News

i2c, a provider of digital payment and open banking technology, has teamed up with Najm, a provider of financial solutions, to roll out Apple Pay to Najm cardholders in the Middle East.

With Najm prepaid reloadable cards and Apple Pay on iPhone, customers can make purchases in stores, in apps and on websites.

When you use a prepaid card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorised with a one-time unique dynamic security code.

The implementation of the program with Najm and Apple Pay took 90 days to bring to market using i2c’s configurable and flexible technology platform, according to the official press release. This enabled Najm to deliver innovative programs such as virtual cards and digital wallets.

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Keywords: i2c, Najm, partnership, Apple Pay, mobile payments, cards, prepaid cards, payments , Middle East
Categories: Payments & Commerce
Companies:
Countries: Middle East
This article is part of category

Payments & Commerce

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