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Al-Kuraimi Islamic Microfinance Bank has launched a new electronic payment technology based on the "Haseb" service and Near Field Communication (NFC) technology. It allows customers to complete payment transactions wirelessly with a single touch. The service works by enabling the NFC feature within the Haseb app, where users can pay simply by tapping their phone against the merchant’s device, making payments easier, faster, and more secure. The process involves four simple steps: selecting the NFC icon in the app, entering the amount, placing the phone near the merchant's device, and then confirming, with an instant confirmation message received. The feature can be activated through the app settings. This initiative is part of the bank's efforts to adopt the latest payment technologies and improve financial inclusion in areas where internet connectivity is weak or disrupted.
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