Boubyan launches Google Pay for all its customers in Kuwait
By Leandra Monteiro
Boubyan Bank announced the launch of Google Pay to all its customers who are using Android and Wear OS in Kuwait as a part of the bank’s efforts to offer digital payment solutions to all the bank’s customers and to ensure that they enjoy better and more inclusive payment services.
Boubyan Bank, Chief Private Banking and Consumer Banking, A Abdullah Al-Mejhem, stated, “Today, we have a new announcement about the launch of Google Pay to all our debit, credit, and prepaid cardholders, which comes in line with the bank’s keenness on promoting innovative digital payment solutions and providing customers with state-of-the-art payment technology for a seamless, secure, and convenient banking experience.”
Google Pay will allow customers to make easy payments as they can simply add their Boubyan Bank’s debit, credit, or prepaid cards to the Google Wallet, and then swipe their device near the payment reader for a few seconds to complete the transaction.
Security and privacy are built into every part of Google Pay, and when cardholders use their credit or debit cards through Google Pay, their banking information will not be stored on the device; rather, transactions are made using a token, which is device-specific and associated with a dynamic security code that changes with each transaction, providing an extra layer of protection and security.
Google Pay can be used at stores, restaurants, cafés, hotels, as well as several other places around the world as it is considered the most secure and private payment method that enables Android and Wear OS customers to use their devices in making payments at stores, online or in-App.
“Google Pay provides a fast, easy and safe way for users in more than 60 countries. Users can feel confident that all their transactions are made using the highest security standards,” said Jenny Cheng, Vice President and General Manager, Google Wallet.
Google Pay will help customers make payments easily for in-App or online purchases without the physical card and without having to create an account or fill out credit card’s information every time.
IBSi Daily News Analysis
January 16, 2024
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