Muscat – The National Bank of Oman (NBO) and NBO Muzn Islamic Banking have introduced Samsung Wallet, the digital payment solution, for all their customers to elevate their digital banking journey.
Beginning on April 28, all NBO and Muzn customers will have the opportunity to activate Samsung Wallet through the Samsung Pay app.
Tariq Atiq, General Manager – Chief Retail & Digital Banking Officer at NBO, expressed enthusiasm about this new launch, stating,
"In line with the country's vision and NBO's strategy to digitize products and services, we are excited to introduce Samsung Wallet to our valued customers. With this cutting-edge digital payment solution, our customers can enjoy smooth and secure transactions using their Samsung devices, which are quick and contactless, adding convenience to their daily lives. This launch reaffirms NBO's position as a leader in digital banking innovation, and we are confident that Samsung Wallet will greatly benefit our customers by providing them with an intuitive and efficient payment method. We aim to provide exceptional services that meet our customers' needs seamlessly."
Samsung Wallet enables customers to instantly add their debit, credit, and prepaid cards from NBO or Muzn to the Samsung Wallet application by following a few simple steps. Whether customers are making purchases locally or internationally, they can complete transactions securely with just one click, ensuring a hassle-free payment experience.
Customers can authenticate each transaction using facial or fingerprint recognition, a PIN code, or a One-Time Password.
Upon utilizing this service, every user will receive a distinct PIN, encrypted and securely stored in a certified chip that is compliant with industry standards. This approach ensures the safe storage of payment information on the device, offering users a dependable and secure method to store card numbers.
This innovative payment method eliminates worries associated with traditional payment methods, providing users with a faster, more secure, and efficient way to make purchases. It boasts robust hardware and leverages Samsung's Knox-based security technology to store sensitive information within the device, including fingerprint recognition and encryption, ensuring the protection of users' vital data.
To access the Samsung Wallet service, customers can effortlessly initiate the process by downloading the dedicated Samsung Wallet application from the Samsung Galaxy Store onto their mobile phones. Upon installation, they simply need to log in to their Samsung account to establish a personalized PIN and fingerprint for added security. They can then seamlessly add their cards by either scanning them or inputting the relevant information manually.
This partnership underscores NBO's commitment to innovation and customer satisfaction. By leveraging the latest digital payment technologies, NBO continues to enhance its services, offering customers unparalleled convenience and security in their banking transactions.
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