Emirates NBD has enabled its Visa and MasterCard debit and credit card customers to make payments through mobile payment platform Google Pay.
Android users who are Emirates NBD customers have to add their debit and credit cards to Google Pay to make transactions.
Go deeper with GlobalData
Visa group country manager for UAE Shahebaz Khan said: “Google Pay utilises Visa Token Service, a security technology that helps prevent fraud by offering financial institutions, merchants, and third party payment providers a secure way to enable mobile and online payments without sharing sensitive account information.
“Visa is pleased to work with Google and Emirates NBD to introduce Google Pay, which will help displace cash and propel digital payments in the UAE.”
Google Pay does away with the requirement of chip and pin authentication. The service instead leverages near field communication (NFC) to transmit card data, enabling users to directly load their card details to their Google Pay wallet.
Emirates NBD senior executive vice president, head of retail banking and wealth management Suvo Sarkar said: “Enabling fast, easy and secure payments is core to our customer proposition.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“Our partnership with Google Pay reinforces our commitment to creating seamless payment experiences for our customers, as we continue to lead banking innovation and digitisation in the region.”
