BankDhofar partners Entrust to deploy Tap to Pay services in Oman
BankDhofar, a full-service bank based in Oman, has partnered with Entrust to implement its Digital Card Solution (DCS) offering.
The solution will enable BankDhofar to provide Tap to Pay and tokenisation services within its conventional and Islamic banking applications.
This will apply across all the bank’s debit and credit operations through its mobile payment service Dhofar-Pay.
Launched by the bank in March this year, Dhofar-Pay allows users to complete transactions without using a physical debit card.
“Once set up, the smartphone becomes a digital card, enabling contactless payment transactions with a simple tap on POS terminals,” BankDhofar explains.
Speaking on the bank’s adoption of DCS, Tony Ball, president of payments and identity at Entrust, says the implementation was completed with “3- to 4-month timelines to enable the bank to meet their deadlines in line with their digital strategy”.
Headquartered in Minneapolis, US, Entrust, formerly known as Entrust Datacard, offers payment, identity, and data security solutions for businesses and governments.
Bilal Faiz Al Raisi, the bank’s AGM and head of cards and bancassurance, claims the go-live makes BankDhofar “one of the first banks in Oman to launch Tap to Pay services” with plans to “continue to lead in that direction with tokenisation services”.
The bank is also due to launch a new feature that will allow customers to add their BankDhofar cards directly into digital wallets like Apply Pay and Samsung Pay straight from the bank’s mobile app; a capability its statement promises will arrive “soon”.