FinTech Magazine August 2020 | Page 132

ARAB NATIONAL BANK
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“ The bank continues to pursue a customercentric goal which has become enshrined as its corporate motto and mantra : to be “ a friend indeed ” to its clients ” accounts can also be connected with Apple Pay and Mada Pay for fast contactless payments , a practical necessity which has taken on particular importance since the COVID-19 pandemic made the handling of physical cash a potential health hazard . For payment transactions outside of Saudi Arabia , ANB offers its TeleMoney Service which has been facilitating long-distance payments since 1992 . Customers can transfer money to 95 global locations , including India , Pakistan , Indonesia , Egypt and more .

AUGUST 2020