11.4 C
London
Wednesday, October 15, 2025
HomeBankingBankDhofar partners Entrust to deploy Tap to Pay services in Oman

BankDhofar partners Entrust to deploy Tap to Pay services in Oman

Related stories

Lunar Achieves Milestone as First Scandinavian Provider to Obtain MiCA Crypto License

Revolutionizing the Crypto Landscape in Scandinavia: Lunar's Groundbreaking License...

Monzo Integrates Built-in Tax Filing Tool for Enhanced Customer Experience

Simplifying Tax Season: How Monzo's New Feature Aims to...

Former Klarna UK Chief Alex Marsh Named CEO of Salad Group

Fintech veteran Alex Marsh takes the helm at Salad...

Visa Launches Trusted Agent Protocol for AI Commerce

Innovative Security Framework Enhances Trust in AI-Driven TransactionsHighlights: Visa...

FCA’s Strategic Initiatives for Tokenisation of Investment Funds

A Comprehensive Overview of the UK Financial Conduct Authority's...
  • Partnership Details: BankDhofar, a full-service bank based in Oman, has partnered with Entrust to implement its Digital Card Solution (DCS).
  • Features Enabled: The DCS will provide Tap to Pay and tokenisation services across BankDhofar’s debit and credit operations, integrating with the bank’s mobile payment service, Dhofar-Pay.
  • Dhofar-Pay: Launched in March this year, Dhofar-Pay allows users to complete transactions without a physical debit card, turning smartphones into digital cards for contactless payments.
  • Implementation Timeline: The adoption of DCS was completed within a 3- to 4-month timeline to align with BankDhofar’s digital strategy.
  • Entrust Overview: Entrust, headquartered in Minneapolis, offers payment, identity, and data security solutions for businesses and governments. It was formerly known as Entrust Datacard.
  • BankDhofar’s Position: With this launch, BankDhofar claims to be among the first banks in Oman to offer Tap to Pay services and plans to continue leading with tokenisation services.
  • Upcoming Features: The bank will soon introduce a feature allowing customers to add their BankDhofar cards directly into digital wallets like Apple Pay and Samsung Pay via the mobile app.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img