BankingBusiness

Emirates NBD: Reports steep increase in contactless payments

  • Emirates NBD a leading banking Group in the region. As of 31st December 2020, total assets were AED 698 Billion
  • As consumers and merchants increasingly preferred to use touch-free technologies to stay safe during the COVID-19 outbreak
  • The bank, a front-runner in digital banking, saw contactless payment transactions which include contactless card
  • Mobile wallet-based payments using Apple Pay, Samsung Pay, and Google Pay more than doubled during the period while card tap
  • Emirates NBD customers also increasingly using their personal devices such as Garmin and Fitbit smartwatches
  • Emirates NBD recently received international acclaim from global payments technology company Visa, winning the Global Service Quality Awards
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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