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Dukhan Bank To Launch Wristband-Based Payment Option

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dukhan bank to launch wristband-based payment option
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Qatar’s leading retail bank, Dukhan Bank, has recently published a press release, announcing the launch of its new payment platform and companion wristbands that make use of NFC technology to facilitate contactless payment.

Called Dukhan Pay (D-Pay), the new platform is intended to meet customer’s growing demand for digital banking products and services. It can also help curb the spread of the novel coronavirus by providing a safer alternative to traditional payment options.

“The Dukhan Bank wristbands are entering the market at a time when there is an increased demand in safe, contactless payment. In addition to being safe, the wearables facilitate fast and easy transactions using blended technology that is both secure and fashionable,” commended Dukhan Bank.

dukhan bank qatar payment wristbands

Dukhan Bank

The wristbands are available in three colors (gray, pink, and blue), and they are compatible with any point-of-sale terminal with support for contactless payments, allowing customers to spend up to 1,500 QAR per day without touching the terminal.

“The initiative falls under D-Pay, a key cornerstone in Dukhan Bank’s digital transformation that seeks to absorb the latest technologies and online banking solutions to make banking simple, safe, and convenient for our customers,” the bank added.

Not long ago, Dukhan Bank launched contactless credit and debit cards. Other banks in the region are being similarly digital-forward. For example, the Qatar National Bank partnered with fitness tracker makers Fitbit and Garmin to enable contactless transactions via their smartwatches.

Also Read: Thales Deploys Its Security Solution At Bahrain International Airport

Even before the outbreak of the COVID-19 pandemic, major retail chains had been adopting various scan and pay solutions to make shopping faster, safer, and more convenient. Airports are now widely adopting self-check kiosks to increase their capacity and reduce the number of transmission vectors for infectious diseases.

Indeed, the future seems to be contactless, and the technology to enable it is already here. The only question that remains to be answered is how well it will be received by customers.

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Dubai-Based Carasti Lets You Rent A Car For Up To Two Years

Carasti describes itself as an all-inclusive car subscription app that removes all the hassle associated with car ownership, such as service and maintenance, while preserving all the benefits.

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dubai-based carasti lets you rent a car for up to two years
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Due to environmental and safety regulations, as well as rising costs of insurance and fuel, the cost of car ownership has never been higher. While modern public transportation systems in many countries already provide an attractive alternative, the recent COVID-19 pandemic has highlighted their limitations. Fortunately, there’s another option available: long-term car renting, and McKinsey predicts that it will generate almost 30 percent of the automotive industry’s revenue by 2030 thanks to startups like Carasti, which has just launched its service following a successful pre-Series A funding round last month.

Based in Dubai, Carasti describes itself as an all-inclusive car subscription app that removes all the hassle associated with car ownership, such as service and maintenance, while preserving all the benefits.

carasti co-founders michael menary and claudio aiardo

Carasti

“Our subscription model aims to make car ownership as flexible and affordable as possible, providing our customers with an easy alternative to car ownership,” explains the company’s CEO, Claudio Esposito-Aiardo. “There are no hidden costs, no extra fees, and no financial surprises. We simply don’t believe that you should be weighing yourself down with debts, bank loans, and payments just to drive a car.”

Also Read: Dubai-Based Startup Huspy Helps Emiratis Buy Homes Online

Carasti users can choose between two distinct subscription models. The month-to-month subscription model provides access to a variety of nearly new cars with a monthly, 6 month or yearly commitment. The mini lease subscription model lets users choose a 12 or 24-month plan on a brand-new car.

Regardless of which model you pick, you always have to provide only your Emirates ID, driving license, passport copy, or visa copy. All subscriptions include insurance, maintenance, roadside assistance, and flexible car switching. Carasti supports both Android and iOS devices, and your first car can be delivered to you in as little as 4 hours from downloading it.

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