- RAKBANK is the only bank in the UAE to offer cash withdrawals using digital wallets at contactless ATMs
Dubai: The National Bank of Ras Al Khaimah (RAKBANK) has worked with Google PayTM, Fitbit Pay and Garmin Pay, in addition to existing partners Samsung Pay and Apple Pay, to give customers better access to digital payment solutions.
RAKBANK Debit, Credit and Prepaid Cardholders can now add their card details on their smartphone and smartwatch to enjoy instant access to contactless payments at point of sale terminals and cash withdrawals at contactless-enabled RAKBANK ATMs without the need of carrying the physical Card.
Peter England, Chief Executive Officer at RAKBANK, commented:
“RAKBANK is committed to the early adoption of new technologies to bring considerable benefits to our customers. The high penetration rate of smartphones in the UAE has driven the desire for convenient, integrated payment systems. As traditional spending habits evolve in an increasingly digitized world it is important to invest in and grow in parallel with our customers’ needs. In this regard, we are very pleased to be working with Google Pay, Fitbit Pay and Garmin Pay, to provide safe and seamless digital payments options for our Cardholders.”
Frederic de Melker, Managing Director of Personal Banking at RAKBANK, commented:
“The advances in technology are making big strides and happening at an extremely fast pace. Today’s retail customers decide not only when and where, but how they pay for their purchases. RAKBANK’s expansion of its digital wallets and payment offering is simply one aspect of a broader strategy that is based on the foundation of a solid digital payment framework, which aims to offer cardholders and customers alike the facility to easily pay and transact in a seamless, secure and frictionless way. The new digital wallet solutions will empower our customers and potential customers to manage their banking transactions and needs in just a simple tap of their smartphone or smartwatch.”
Google Pay is a fast and secure payment method accepted by millions of merchants across the world. RAKBANK Cardholders can now add their card to their Google Pay wallet on their Android phones, tablets or watches, enabling them to make tap-to-pay purchases.
Fitbit Pay brings digital payments to RAKBANK Cardholders from their smartwatch or tracker. Customers can easily add their credit or debit card to their Fitbit app, and use their device to make payments on the go, directly from their wrist, without using their mobile phone or wallet. Making payments in stores that accept contactless payments is done by pressing and holding the left side button until the debit or credit card is seen on the Fitbit device screen and hold the watch against the payment terminal until a confirmation of the payment appears. The Fitbit Pay system is available on Fitbit Ionic, Fitbit Versa and Versa Special Edition smartwatches; as well as on the Fitbit Charge Special Edition tracker.
Garmin Pay is a contactless payment system that facilitates transactions with a few quick touches. Garmin Pay is easily accessible to RAKBANK Cardholders through compatible Garmin watches. Cardholders simply enter their passcode, select the right card from the virtual wallet, and then hold their wrist near the card reader for quick and easy payments and cash withdrawals at RAKBANK ATMs.
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About RAKBANK
RAKBANK, also known as The National Bank of Ras Al Khaimah (P.S.C), is one of the UAE’s most dynamic financial institutions. Founded in 1976, it underwent a major transformation in 2001 as it rebranded into RAKBANK and shifted its focus from purely corporate to retail and small business banking. In addition to offering a wide range of Personal Banking services, the Bank increased its lending in the traditional SME, Commercial, and Corporate segment in recent years. The Bank also offers Islamic Banking solutions, via RAKislamic, throughout its 36 branches and its Telephone and Digital Banking channels. RAKBANK is a public joint stock company headquartered in the emirate of Ras Al Khaimah and listed on the Abu Dhabi Securities Exchange (ADX). For more information, please visit www.rakbank.ae or contact the Call Centre on +9714 213 0000. Alternatively, you can connect with RAKBANK via twitter.com/rakbanklive and facebook.com/rakbank.
About Fitbit
Fitbit helps people lead healthier, more active lives by empowering them with data, inspiration and guidance to reach their goals. As the leading global wearables brand, Fitbit designs products and experiences that track and provide motivation for everyday health and fitness. Fitbit’s diverse line of innovative and popular products include Fitbit Charge 3, Fitbit Inspire HR, Fitbit Inspire, Fitbit Ace 2 activity trackers, as well as the Fitbit Ionic, Fitbit Versa and Versa Lite smartwatches, Fitbit Flyer wireless headphones and Fitbit Aria 2 Wi-Fi Smart Scale. Fitbit products are carried in over 39,000 retail stores and in 87 countries around the globe. Powered by one of the world’s largest health and fitness social networks and databases of health and fitness data, the Fitbit platform delivers personalized experiences, insights and guidance through leading software and interactive tools, including the Fitbit and Fitbit Coach apps, and the Fitbit OS for smartwatches. Fitbit Health Solutions develops health and wellness solutions designed to help increase engagement, improve health outcomes, and drive a positive return for employers, health plans and health systems.
Connect with us on Facebook and Instagram and share your Fitbit experience. For additional information on Fitbit Pay, please access https://www.fitbit.com/eu/fitbit-pay
About Garmin Pay
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin and f?nix are registered trademarks, and Garmin Pay, Trendline, QuickFit, UltraTrac and Garmin Connect are trademarks of Garmin Ltd. or its subsidiaries. Wi-Fi is a registered trademark of the Wi-Fi Alliance.
For decades, Garmin has pioneered new GPS navigation and wireless devices and applications that are designed for people who live an active lifestyle. Garmin serves five primary business units, including automotive, aviation, fitness, marine, and outdoor recreation. For more information, visit Garmin's virtual pressroom at garmin.com/newsroom , or follow us at facebook.com/garminae , instgram.com/garminae
About Samsung Electronics Co., Ltd.
Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems and memory, system LSI, foundry and LED solutions. For the latest news, please visit Samsung Newsroom at http://news.samsung.com.
For media enquiries, please contact:
RAKBANK
Fatima Kloub
Fatima.kloub@rakbank.ae
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