Sunday, December 22, 2024

BankDhofar partners Entrust to deploy Tap to Pay services in Oman

  • Partnership Details: BankDhofar, a full-service bank based in Oman, has partnered with Entrust to implement its Digital Card Solution (DCS).
  • Features Enabled: The DCS will provide Tap to Pay and tokenisation services across BankDhofar’s debit and credit operations, integrating with the bank’s mobile payment service, Dhofar-Pay.
  • Dhofar-Pay: Launched in March this year, Dhofar-Pay allows users to complete transactions without a physical debit card, turning smartphones into digital cards for contactless payments.
  • Implementation Timeline: The adoption of DCS was completed within a 3- to 4-month timeline to align with BankDhofar’s digital strategy.
  • Entrust Overview: Entrust, headquartered in Minneapolis, offers payment, identity, and data security solutions for businesses and governments. It was formerly known as Entrust Datacard.
  • BankDhofar’s Position: With this launch, BankDhofar claims to be among the first banks in Oman to offer Tap to Pay services and plans to continue leading with tokenisation services.
  • Upcoming Features: The bank will soon introduce a feature allowing customers to add their BankDhofar cards directly into digital wallets like Apple Pay and Samsung Pay via the mobile app.

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