Leaders in cardless transactions enable convenient, reliable
and secure access to cash
RAS AL KHAIMAH, United Arab
Emirates, Aug. 3, 2017
/PRNewswire/ -- RAKBANK, one of the leading banks in the
United Arab Emirates (UAE), in
partnership with Diebold Nixdorf,
the leader in driving connected commerce, has launched Samsung Pay
on their ATMs. With more than 250 Diebold Nixdorf (NYSE: DBD) ATMs,
RAKBANK is maximizing consumer convenience by enabling cardless ATM
transactions via the Samsung Pay mobile wallet on their
smartphones.
The Samsung Pay solution on ATMs is an end-to-end contactless
process that offers an effective, secure, convenient and
easy-to-use digital solution that enables consumers to withdraw
cash without a card at RAKBANK ATMs. Once a consumer is registered
for a Samsung Pay account, the user can easily begin to use the
cardless solution by tapping their device to the near field
communications (NFC) reader on the ATM. Once detected, the consumer
enters their PIN and completes the transactions as normal.
"Diebold Nixdorf was the first in
the world to enable a live deployment and direct interaction
between a phone and an ATM," said Habib
Hanna, Diebold Nixdorf
managing director, Middle East.
"Years later, we continue to pioneer cardless transactions with our
mobile-enabled solutions that bridge the physical to digital worlds
of cash to truly drive connected commerce."
According to an ATMMarketplace.com report, mobile integration is
one of the top three trends that will impact the ATM industry
worldwide. Pre-staged mobile withdrawals will become the most
popular and secure method for accessing cash—leading to greater
consumer convenience and satisfaction.
"We are the first bank in the Middle
East to launch Samsung Pay solutions to ATMs and it not only
simplifies the customer experience when withdrawing cash, but also
offers them the utmost convenience," said Peter England, CEO of RAKBANK. "We are delighted
to have worked with Diebold Nixdorf
and Samsung Pay to take advantage of this innovative and reliable
digital service. RAKBANK is fully committed to placing our
customers' needs first and providing them with highly convenient,
secure, and simple digital banking services," added Peter.
About RAKBANK
RAKBANK, also known as The National Bank
of Ras Al Khaimah (P.S.C), is one
of the UAE's most dynamic financial institutions. Founded in 1976,
it underwent a major transformation in 2001 as it rebranded into
RAKBANK and shifted its focus from purely corporate to retail and
small business banking. In addition to offering a wide range of
Personal Banking services, the Bank increased its lending in the
traditional SME, Commercial, and Corporate segment in recent years.
The Bank also offers Islamic Banking solutions, via RAKislamic,
throughout its 38 branches and its Telephone and Digital Banking
channels. RAKBANK is a public joint stock company headquartered in
the emirate of Ras Al Khaimah and
listed on the Abu Dhabi Securities Exchange (ADX). For more
information, please visit www.rakbank.ae or contact the Call
Centre on +9714 213 0000. Alternatively, you can connect with
RAKBANK via twitter.com/rakbanklive and
facebook.com/rakbank.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE:
DBD) is a world leader in enabling connected commerce for millions
of consumers each day across the financial and retail industries.
Its software-defined solutions bridge the physical and digital
worlds of cash and consumer transactions conveniently, securely and
efficiently. As an innovation partner for nearly all of the world's
top 100 financial institutions and a majority of the top 25 global
retailers, Diebold Nixdorf delivers
unparalleled services and technology that are essential to evolve
in an 'always on' and changing consumer landscape.
Diebold Nixdorf has a presence in
more than 130 countries with approximately 24,000 employees
worldwide. The organization maintains corporate offices in
North Canton, Ohio, USA and
Paderborn, Germany. Visit
www.DieboldNixdorf.com for more information.
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