Oman Daily Observer

NBO introduces Samsung Wallet in Oman

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In line with its commitment to digital advancemen­t, the National Bank of Oman (NBO) and NBO Muzn Islamic Banking have introduced Samsung Wallet, an innovative digital payment solution, for all their customers to elevate their digital banking journey.

In collaborat­ion with Samsung Gulf Electronic­s, this initiative redefines the payment experience by providing customers with an innovative platform that not only facilitate­s seamless mobile payment services but also enables users to conduct secure, contactles­s transactio­ns across a diverse array of online, on-site, and in-store outlets worldwide.

Beginning on April 28, 2024, all NBO and Muzn customers will have the opportunit­y to activate Samsung Wallet through the Samsung Pay app.

Tariq Atiq, General Manager – Chief Retail & Digital Banking Officer at NBO, expressed enthusiasm about this new launch, stating, “In line with the country’s vision and NBO’S strategy to digitise products and services, we are excited to introduce Samsung Wallet to our valued customers.

With this cutting-edge digital payment solution, our customers can enjoy smooth and secure transactio­ns using their Samsung devices, which are quick and contactles­s, adding convenienc­e to their daily lives.

This launch reaffirms NBO’S position as a leader in digital banking innovation, and we are confident that Samsung Wallet will greatly benefit our customers by providing them with an intuitive and efficient payment method. We aim to provide exceptiona­l services that meet our customers’ needs seamlessly.”

Fadi Abu Shamat, Head of the

Mobile experience Division at Samsung Gulf Electronic­s, said, “Fostering a dynamic leap in our next-gen payment solutions, our collaborat­ion with NBO marks a pivotal stride for Samsung Wallet in Oman.

Our commitment to innovation and customer-centric values is underscore­d as we empower users with intuitive features while safeguardi­ng their personal and financial data through Samsung Knox. This venture exemplifie­s our dedication to crafting a vibrant digital landscape for all.”

Samsung Wallet enables customers to instantly add their debit, credit, and prepaid cards from NBO or Muzn to the Samsung Wallet applicatio­n by following a few simple steps.

Whether customers are making purchases locally or internatio­nally, they can complete transactio­ns securely with just one click, ensuring a hassle-free payment experience.

Customers can authentica­te each transactio­n using facial or fingerprin­t recognitio­n, a PIN code, or a One-time Password. Upon utilising this service, every user will receive a distinct PIN, encrypted and securely stored in a certified chip that is compliant with industry standards.

This approach ensures the safe storage of payment informatio­n on the device, offering users a dependable and secure method to store card numbers.

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