10.01.15
Gemalto announced that Riyad Bank, one of Saudi Arabia’s foremost financial institutions, is migrating its entire portfolio to Gemalto’s Clarista Contactless EMV card, powered with the MULTOS operating system. This is the country’s first contactless payment method, which grants Riyad Bank a clear differentiator in the local retail banking market.
Consumers love the convenience and speed of paying with a contactless card - no more fumbling for cash, counting change, or wondering about whether they have enough cash for a purchase. The introduction of contactless cards puts Riyad Bank at the forefront of one of the most powerful trends currently shaping the consumer environment in Saudi Arabia, where the contactless infrastructure is being established.
Consumers love the convenience and speed of paying with a contactless card - no more fumbling for cash, counting change, or wondering about whether they have enough cash for a purchase. The introduction of contactless cards puts Riyad Bank at the forefront of one of the most powerful trends currently shaping the consumer environment in Saudi Arabia, where the contactless infrastructure is being established.