Oberthur Technologies (OT) has been selected by Kuwait’s Boubyan Bank to offer the first contactless payment cards.
In order to offer its customers innovation and cutting-edge technology, Boubyan Bank has decided to market new contactless payment cards, provided by OT. It significantly enhances the shopping experience as customers just need to wave their contactless payment card in front of a contactless terminal. The first contactless terminals are expected in 2016.
Thanks to OT’s contactless technology, people can experience shopping differently: make faster and convenient transactions while remaining secure.
OT is a world leader in embedded digital security that protects you when you connect, authenticate or pay.
OT is strategically positioned in high growth markets and offers embedded security software solutions for “end-point” devices as well as associated remote management solutions to a huge portfolio of international clients, including banks and financial institutions, mobile operators, authorities and governments, as well as manufacturers of connected objects and equipment.
OT employs over 6,300 employees worldwide, including almost 700 R&D people. With a global footprint of 4 regional secure manufacturing hubs and 39 secure service centers, OT’s international network serves clients in 140 countries.
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