OSLO, NORWAY, BAGHDAD, IRAQ and BEIRUT, LEBANON - 17 MARCH 2022 - Zwipe, Al
Mansour Bank and areeba have confirmed that they will pilot Biometric Payment
Cards built on the Zwipe Pay platform in Iraq. This will be one of the earliest
pilots of next generation contactless payment cards in the country.
Al Mansour Bank is a private bank with Qatar National Bank (QNB) as its majority
owner. The bank was established in 2005 and today it has more than 10 branches
across Iraq. The bank is always seeking innovative products to introduce to the
Iraqi market.
Speaking on this development, Mr. Roger Abboud, Head of Retail, AI Mansour Bank
said, "Post pandemic, we have seen strong demand for PIN-free and touch-less
payment solutions as they are safer and much more secure. We are delighted to
partner with Zwipe, a leading provider of biometric payment technologies and
areeba, a respected leader in innovative payment services. Biometric Payment
Cards will uplift our payment portfolio and enable us to deliver excellent
service quality to our customers. We are now working with both partners to
launch pilots in the coming months."
Mr. Issam Adra, General Manager of areeba Iraq said: "We are excited to be part
of Al Mansour Bank's biometric payment cards initiative and confident to deliver
a world-class experience and security to the bank's customers. areeba has for a
long-time pioneered payment innovations that uplift customer loyalty, create
unique differentiation and strong business cases for banks. Biometric payment
cards will be instrumental in continuing this effort."
Ramzi Saboury, General Manager of Zwipe in the MENA Region added, "The banking
sector in Iraq is demonstrating a great appetite for innovation. We are thrilled
with our collaboration with Al Mansour Bank on biometric payment cards together
with areeba, one of our key partners in the region."
For further information please contact: André Løvestam, CEO, +47 93 43 69 52
info@zwipe.com
About Al Mansour Bank
Al Mansour Bank is a private bank with Qatar National Bank (QNB) as its majority
owner. The bank was established in 2005 and today it has more than 10 branches
across Iraq. The bank is always seeking innovative products to introduce to the
Iraqi market.
For more information, visit www.mbi.iq
About areeba
areeba is an electronic payment technology company licensed by Visa and
MasterCard and has an agreement with American Express & Discover. Established in
2017, areeba adopts the latest technologies and provides solutions and payment
services to banks, governments and merchants to suit their aspirations and
needs.
areeba offers services tailored to global requirements, from card issuance and
management, non-contact payment solutions, contactless and mobile payment. It
also provides merchants and governments with the latest e-commerce platform and
point-of-sale machines that adopt the highest standards and safety systems.
areeba operates a wide range of loyalty programs, including collecting points
and miles, cashback programs, and providing consultancy services for the
planning, design and development of electronic products and payment solutions.
For more information, visit?www.areeba.com, or @areebalebanon on LinkedIn,
Facebook or Instagram.
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations, industries & cultures to make convenience safe & secure. We are
pioneering next-generation biometric card and wearables technology for both
payment and physical & logical access control and ID solutions. We promise our
customers and partners deep insight and frictionless solutions, ensuring a
seamless user experience with our innovative biometric products and services.
Zwipe is headquartered in Oslo, Norway, with a global presence.
To learn more, visit www.zwipe.com