Some shoppers will be able to pay for retail purchases next year with their mobile phone after a deal struck between Etisalat and Emirates NBD.
The partnership between the region’s largest bank in terms of assets and the largest telco will allow Emirates NBD Visa cardholders to purchase goods and services simply by using their mobile phones.
The partnership also includes Gemalto, a world leader in digital security and Visa, will allow payment by waving the NFC-enabled phone in front of the payment terminal eliminating the need for the traditional swiping of payment cards.
Source: Arabian Business
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