Financial Technology

Khaleeji Commercial Bank introduces payment service via “Samsung Wallet” to its credit and debit card holders

Manama, Kingdom of Bahrain: Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in the Kingdom of Bahrain, has recently introduced a payment service via “Samsung Wallet” to its Credit and Debit Card Holders. This new service ensures high security and privacy, as well as provides a swift and seamless payment option for users of Samsung smart devices. Moreover, this step comes in line with the Bank’s continuous pursuit of creativity and innovation through building the foundations of digital transformation and applying the latest in financial technology.

Commenting on this occasion, Mr. Osama Ali Nasr, Chief Technology Officer, 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, Mr. 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 a leading 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.


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