Qatar’s leading financial entity, Commercial Bank of Qatar has started to offer Apple Pay, a cash-free smartphone payment and digital wallet service, to ensure a secure and private mode of payment as well as to encourage the use of contactless payment methods.
With the integration of Apple Pay, Commercial Bank aims to help its customers avoid handing their payment card to someone else, touching physical buttons or most importantly exchanging cash, in addition to using the power of the iPhone to protect every transaction.
Customers can now simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure as it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Apple Pay is accepted in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places, the bank said in its statement.
Roya Khajeh AGM & Head Cards & Payments Commercial Bank
“Commercial Bank has always been a market leader in introducing innovative payment technologies as well as being a key influencer in setting new market trends in Qatar. The adoption of contactless payments on cards made it essential for us to bring this technology to more payment devices. We are proud to work with Apple and offer our customers a faster, safer, and more secure payment option in the form of Apple Pay.”
When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element, an industry-standard, certified chip designed to store the payment information safely on the device.
Customers can use Apple Pay on iPhone, iPad and Mac to make faster and more convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information. Apple Pay can also be used to make payments in apps on Apple Watch.
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