Thales has announced it is supplying Commercial Bank of Kuwait (CBK) with its Gemalto Trusted Services Hub (TSH).
The network offers CBK customers the freedom and convenience of secure contactless payments, on their smartphones. A tokenization process allows the secure digitalization of debit and credit cards on Android handsets, protecting users’ personal data against fraudsters.
To get access to this service, CBK customers just have to download CBK mobile banking application on their Android smartphones and register their payment cards securely in the mobile application. In just few seconds the payment cards are set at disposal in the app, in their digital versions, ready to be selected and used for purchases. The app, which also integrates Thales Gemalto SDK (Software Development Kit), can then be used as a mobile wallet to make swift and straightforward payments at contactless points of sales.
“CBK is committed to offering its customers the most innovative and exciting banking services possible. The introduction of contactless mobile payment represents the latest stage on this journey, and also reflects our confidence in Thales to help us deliver most advanced and recent digital payment innovations” commented, AbdulAziz Essa Malak, AGM – Card Center at CBK
Nassir Ghrous, Senior Vice President, Banking and Payment Services for Africa, Middle East and Eurasia region at Thales, said,“Our contribution to CBK success is set on unrivalled security expertise and experience in mobile payment deployments for worldwide issuers and wallets providers. As we work ever-more closely with CBK, our objective is to offer new digital experiences to Kuwait’s young, demanding and tech-savvy consumers.”
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