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UAE hypermarkets see 78% rise in contactless payments

Mobile wallet transactions have increased in hypermarkets across the region by 78% in Q1 2020, when compared with the same period a year ago.

Mohammad Gharaibeh, Head of Enterprise, Mobile Business at Samsung Gulf Electronics, says: “More and more customers are opting to use mobile wallets for daily purchases, thanks to the speed, convenience, and safety of contactless payment. As well as minimizing risk during uncertain times, Samsung Pay is customized to meet the needs of users in the UAE.”

Philip King, ADIB Global Head of Retail at Abu Dhabi Islamic Bank (ADIB), says: “We strive to deliver the best experiences to our customers. With the rapidly evolving global situation and a surge in contactless payment popularity, we recognise the potential of Samsung Pay to provide superior convenience and security as users make payments with a mobile wallet solution that is simple, secure, and available almost anywhere.”

By combining Near Field Communication (NFC) technology and its proprietary Magnetic Secure Transmission (MST) technology, Samsung Pay works on most point-of-sale terminals in the UAE.

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