I2C Inc., a leading provider of digital payment and open banking technology, together with Najm, a provider of financial solutions, today introduce Apple Pay to Najm cardholders in the Middle East. Apple Pay is transforming payments with an easy, secure and private way to pay.
With Najm prepaid reloadable cards and Apple Pay on iPhone®, customers can make fast and convenient purchases in stores, in apps and on websites.
Security and privacy are at the core of Apple Pay. When you use a prepaid card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.
The implementation of the program with Najm and Apple Pay took 90 days to bring to market using i2c’s highly configurable and flexible technology platform. This enabled Najm to deliver a better customer experience through innovative programs such as virtual cards and digital wallets.
“We strive to make the complex simple to enable clients such as Najm to get to market quickly with differentiated and timely service offerings such as Apple Pay,” said Amir Wain, founder and CEO of i2c Inc. “With Najm and MAF’s regional expertise and our global agile technology we’ll continue to deliver exciting new, best-in-class programs for consumers.”