Browse
related articles
Al Rajhi Bank installs chip-card ATMs
- Saudi Arabia: Wednesday, January 07 - 2009 at 15:57
Al Rajhi Bank, the largest Islamic Bank in the world in terms of market capitalization, has announced that it is installing advanced Automatic Teller Machines (ATMs) across Saudi Arabia that accept chip-cards based on international standards. Visa operates the world's largest retail electronic payments network and has provided technical and consultancy support for the installation, which will enable all Visa chip card transactions to take place using the chip on the card rather than the less secure magnetic stripe at any of Al Rajhi Bank ATMs. The new ATMs will be situated at malls, streets, petrol stations, hospitals, airports and hotels and are already in operation. The ATMs will still be able to accept cards without a chip.
Related Content
Article Options
Jeff Florian, Senior ReporterWednesday, January 07 - 2009 at 15:57 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
