Gemalto has been chosen by RAKBANK to support its migration to contactless EMV payments to benefit from this system\u2019s speed, convenience and security. Gemalto is supplying RAKBANK with its dual interface cards, which will be personalised by the Bank using the already implemented Gemalto Dexxis issuance system.<\/p>\n
RAKBANK is initially deploying the cards for the launch of its new RED MasterCard, offering customers all the benefits of swift \u2018tap and go\u2019 transactions, alongside an attractive package of loyalty and saving programmes. Afterwards the bank\u2019s entire payment card portfolio will be upgraded to dual interface technology.<\/p>\n
Adoption of Gemalto contactless cards puts RAKBANK at the forefront of the powerful trend towards contactless payments that is evident across the Middle East and Africa. Latest research shows that 272 million contactless cards will have been issued in the region by 2019, with an annual growth rate of 45%.<\/p>\n
\u201cRAKBANK is committed to empowering customers with technology-based solutions that save them time,\u201d said Ian Hodges, Managing Director of Retail Banking at RAKBANK<\/em>. \u201cThe launch of our RED MasterCard reflects this drive to offer simple and convenient banking solutions, and benefits from Gemalto\u2019s experience of successful contactless deployments in markets worldwide.\u201d<\/p>\n \u201cGemalto already enjoys a close relationship with RAKBANK via our Dexxis issuance system, and this successful partnership is now further strengthened by this decision to migrate to our most advanced dual interface payment cards,\u201d said Eric Claudel, President of Middle East & Africa for Gemalto<\/em>. \u201cThis deployment enables RAKBANK to stay ahead of the curve as we move towards the era of cashless societies.\u201d<\/p>\n \u00a0<\/em>Gemalto\u2019s full range of contactless payment and digital banking solutions will be showcased at Cards & Payment Middle East event, taking place on 31st<\/sup> May and 1st<\/sup> June, booth C20, Hall 7, Dubai World Trade Centre. \t<\/p>\n","protected":false},"excerpt":{"rendered":" Gemalto has been chosen by RAKBANK to support its migration to contactless EMV payments to benefit from this system\u2019s speed, convenience and security. Gemalto is supplying RAKBANK with its dual interface cards, which will be personalised by the Bank using the already implemented Gemalto Dexxis issuance system. RAKBANK is initially deploying the cards for the […]<\/p>\n","protected":false},"author":20,"featured_media":9002,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1741,34,5,809,185],"tags":[1791,1792,1793,161,1794,302,1795,1796,1797,184],"class_list":["post-9001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-finance","category-case-studies","category-enterprise-security","category-more-news","category-uae","tag-banking-solutions","tag-contactless-payments","tag-dual-interface-technology","tag-gemalto","tag-gemalto-dexxis","tag-mea","tag-payment-cards","tag-rakbank","tag-red-mastercard","tag-uae"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts\/9001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/comments?post=9001"}],"version-history":[{"count":0,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts\/9001\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/media\/9002"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/media?parent=9001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/categories?post=9001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/tags?post=9001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}