KFH, two other banks preparing to launch Google Pay in Kuwait – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

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KFH, two other banks preparing to launch Google Pay in Kuwait – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

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KUWAIT CITY, Jan 24: After activating the “Samsung Pay” and “Apple Pay” services for electronic payment, it looks imminent that Kuwaiti banks are close to launching “Google Pay”, reports Al-Rai daily. In this regard, the daily has learned from sources that the Central Bank of Kuwait has granted at least 3 banks, including Kuwait Finance House, licenses to activate the “Google Wallet” application, which is a method of paying, saving and using cards, tickets, keys and identification cards, similar to the two “Samsung Pay” services and “Apple Pay” available in Kuwait. The sources expected that the licensed banks would start activating the new payment service at the beginning of next March, after supporting their customers’ cards to be able to activate this service, as they moved in the past period to prepare all their regulatory and technical needs to launch the service for their customers, indicating that after obtaining the approval of the regulator, these banks have agreed to complete the requirements for equipping point-of-sale devices with their joint automated banking services company, KNET, to receive payments using the Google Pay system.

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