NBK offers largest NFC-capable POS network in Kuwait
95 pct of NBK network to be NFC-enabled in 2020
KUWAIT CITY, Feb 22: Aiming to provide its customers with the most rewarding, seamless and secure payment experiences, National Bank of Kuwait (NBK) said 86% of its points of sale (POS) network is currently NFC-enabled as it seeks to increase the NFC technology penetration to 95% in 2020, thus offering Kuwait’s largest NFC-capable POS network.
The near-field communication (NFC) technology enables customers to make contactless payment at ATMs and POS terminals.
On this occasion, Hisham Al-Nusif, Deputy General Manager of Consumer Banking Group, National Bank of Kuwait,
said, “We continuously seek to fulfill the needs of our customers by introducing the most innovative and top-notch banking services that comply to the highest global standards, and that are in line with our digital transformation strategy and supported by our leadership as a provider of advanced digital banking solutions locally and regionally.”
Al Nusif
“We are committed to providing our customers with easy-to-use and disruptive payment solutions; that’s why we seek more penetration of the NFCenabled devices as they provide faster and more secure payment options,” Al Nusif added. NBK is constantly introducing enhancements and new solutions that aim to enrich the banking experience of our customers and where they can learn about new digital payment services that complement their lifestyle, Al Nusif confirmed.
The bank is also committed to providing customers the most advanced payment solutions, having launched two new services recently: Fitbit Pay and Garmin Pay. The first bank in Kuwait to offer these services, Fitbit Pay and Garmin Payprovide customers with an easy and secure one-touch payment and enable customers to make contactless payments via select Fitbit and Garmin devices.
NBK continues to enhance its position in the banking industry by maintaining the largest network of banking services in Kuwait, which comprises 68 branches, more than 13,500 Points of Sale (POS), including more than 11,700 NFC-enabled devices. NBK also has the widest ATM-owned network with over 327 ATMs, includingmore than 100 Cash Deposit Machines (CDM).