GulfBase Live Support
15/11/2017 07:26 AST
In an effort to make life simpler for its customers through a series of ongoing enhancements, Al Ahli Bank of Kuwait (ABK) today announced the launch of the Tap 'n' Go service with KNET.
This technology uses Visa payWave to enable Prestige, Elite and VIP Debit cardholders to transact with the POS devices by tapping or waving the card on the NFC-enabled POS machine without the need to insert or swipe the card. This enhancement will enable frictionless payments for low value transactions in a secure, more convenient and faster way.
In addition, ABK provides this service without the requirement of PIN or signature verification for point-of-sale transactions below KD 10 up to a cumulative total of KD 25, making the experience even simpler.
For contactless transactions above KD 10, or cumulative KD 25, a PIN will be required.
KNET have already started enabling this functionality on the Kuwait POS network.
All NFC-enabled POS machines will feature the distinctive contactless symbol, which is also present on the card, and ensures contactless payments can be conducted.
For more information about ABK please visit eahli.com or contact an ABK customer service agent via 'Ahlan Ahli' at 1899899.
Arab Times
14/05/2025
Al-Ahli Bank of Kuwait (ABK) recently hosted its Q1 2025 analyst conference attended by Abdulla Al-Sumait, Acting Group Chief Executive Officer; Shiamak Soonawalla, Group Chief Finance Officer; Abdul
Kuwait Times
08/05/2025
Al-Ahli Bank of Kuwait (ABK) Group announced its financial results for Q1 2025, reflecting continued outstanding performance and growth across financial indicators. The Group recorded a net profit o
Kuwait Times
08/02/2018
Building on its strong business performance from last year, Al Ahli Bank of Kuwait (ABK) today announced its financial results for the fiscal year ended Dec 31, 2017. ABK grew its Operating Income by
Arab Times
Ticker | Price | Volume |
---|
14/05/2025
National Bank of Bahrain (NBB) has reported a 2% year-on-year increase in net profit attributable to shareholders reaching BD28.1 million ($74.5 million) for the first quarter ended 31 March 2025, co
Trade Arabia
14/05/2025
Air Arabia, the first and largest low-cost carrier (LCC) operator in the Middle East and North Africa, has reported a strong first quarter of 2025 financial and operational results, as the airline co
Trade Arabia
14/05/2025
Al-Ahli Bank of Kuwait (ABK) recently hosted its Q1 2025 analyst conference attended by Abdulla Al-Sumait, Acting Group Chief Executive Officer; Shiamak Soonawalla, Group Chief Finance Officer; Abdul
Kuwait Times
14/05/2025
Oman Flour Mills (OFM), one of the leading national companies in the food manufacturing sector, has announced a strategic partnership with Elevatus, the award-winning provider of AI-powered recruitme
Times of Oman
14/05/2025
Saudi Aramco will sign on Tuesday memoranda of understanding with US liquefied natural gas producer NextDecade and utility firm Sempra , Aramco's chief executive said, as the oil giant expands in the
Arab News