Arab Bank has recently introduced the contactless (NFC) technology across a wide group of its ATMs in Jordan, allowing ATM users to conduct cardless transactions easily, safely and conveniently. The launch of contactless technology comes in line with the bank’s continuous efforts to reinforce its comprehensive digital banking services, and provide its customers with innovative banking solutions that save their time and effort. The Arab Bank ATM network functions using Compass Plus software.
Through the contactless technology on Arab Bank ATMs, customers will be able to access their accounts and carry out banking transactions by simply waving their NFC-enabled debit cards over the ATM’s contactless reader and then entering their PIN code. As part of the contactless technology, Arab Bank customers can also perform their banking transactions at any of Arab Bank’s NFC-enabled ATMs using the BandPay Contactless bracelet or the contactless mobile sticker without resorting to their cards.
Commenting on launching this technology, Mr. Yacoub Matouk, Head of Consumer Banking at Arab Bank – Jordan said: “The launch of the Contactless technology on ATMs by Arab Bank for the first time in Jordan comes as part of the bank’s strategy to continuously deploy the latest digital banking solutions and provide customers with a unique and seamless banking experience.” He added: “The launch of NFC technology is yet another step in the bank’s digital journey towards providing our customers with the best value propositions designed to meet their evolving needs and lifestyle.”
It is worth mentioning that the BandPay contactless bracelet and the contactless mobile sticker can both be used at different points-of-sales without the need to enter the PIN code up to a preset maximum daily limit.
This press release was originally published by Arab Bank.