master Cardis a global technology company in the payments industry, Google to launch Google Pay in Kuwait. This will enhance domestic digital payment capabilities.Cardholders can tap and pay with their cards android A store phone or supported Wear OS device running contactless. You can also use Google Pay to make payments online and through apps.
With Google Pay, customers no longer need to hand over payment cards, touch physical buttons, or exchange cash. Security and privacy are built into every aspect to ensure your data is protected. Transactions are made with a virtual card number. Therefore, Google Pay does not share your actual credit card number with businesses. This keeps your payment information safe.
Customers store their Google Pay cards in Google Wallet. It’s a digital wallet that securely stores payment cards, loyalty cards, boarding passes, and more.of Central Bank of Kuwait recently granted licenses to several banks to enable Google Wallet in the country.
Achieving Kuwait Vision 2035
Accelerating efforts to accelerate the adoption of highly secure digital payments, the launch aligns with Kuwait Vision 2035 “New Kuwait” and the country’s ongoing digital transformation journey.
Erdem chakar, Country Manager, Kuwait and Qatar, Mastercard said: By bringing Google Pay to Kuwait, we want to drive digital inclusion in Kuwait. Additionally, we want to expand the range of contactless payments available to people. In a new world beyond payments, Google Pay blends convenience and security to give you peace of mind. ”
“When we launched Google Wallet last year, we wanted to give as many people access to a secure digital wallet as possible, and we are excited to expand the service to Kuwait.” Jenny Chen, Vice President and General Manager, Google Wallet. “Tap and pay on public transport, store mobile tickets for shows, store boarding passes, etc. are just some of the ways he can use Google Wallet throughout his day.”
according to mastercard New Settlement Index 202264% of consumers in MENA (compared to 61% globally) increased their use of at least one digital payment method last year, including digital cards, SMS payments, digital money transfer apps and instant payment services.
Finally, Mastercard has made a global commitment to bring 1 billion people into the digital economy by 2025.