Alinma Introduces Contactless ATM Withdrawals for the First Time in the Kingdom

Alinma Introduces Contactless ATM Withdrawals for the First Time in the Kingdom

8 Muharram 1440H - 18 September 2018 G

As part of its ongoing effort to provide its partnes (customers) with the most advanced banking technology available, Alinma Bank has instroduced, for the first time in Saudi Arabia, contactless NFC withdrawals at selected Alinma ATMs.  NFC, or “near field communication,” is a technology that can be embedded in smartchip cards and smart digital devices, that permits user authentication with only a swipe of the card/device near the NFC terminal and a PIN.  Inserting a card into the ATM is not required; and for partner protection, only one transaction can be completed per swipe. 

 

Speaking about the launch, Alinma Bank CEO, Mr. Abdulmohsen Al Fares said: "The adoption of modern technologies in order to better serve partners, has been a focus of Alinma since its establishment.  This has provided us with certain advantages in our market and has allowed us be even more partner-centric.  With NFC ATM withdrawals, we continue to meet and exceed partner expectations.  For individuals on-the-go, NFC withdrawals represent a true convenience – just wave the card near the NFC terminal on the ATM, enter the required PIN and take your cash.  It’s safe, simple, and secure.”

 

Alinma mada cards can also be used wherever “mada Atheer” payments are accepted.

 

Alinma Bank has a network of 156 branches and more than 1,460 ATMs across Saudi Arabia.  It also provides 24/7 self-service banking via its e-banking options, which include Alinma Internet (www.alinma.com), Alinma Mobile (WAP), Alinma Phone (8001208000), and the Alinma application for smart devices.

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