Bahrain Islamic Bank (BisB) has unveiled its virtual cards offering named “BisB Virtual Cards” for its retail customers, to enable contactless payments amid the Covid-19 pandemic.
The move is in line with the bank’s efforts to allow its customers to securely make various banking transactions and simplify their traditional banking experience.
The bank claims that its new virtual cards completely removes the need for physical cards as it offers the same benefits and security.
It also cuts down the delivery time of any card.
The BisB Virtual Card can be stored in the BisB Mobile app after it is issued. The app contains all customer information that facilitates payments.
Both, the new and existing customers of the bank, can apply for the Virtual Card.
New customers can use the mobile app to select a debit or credit card and receive their card instantly.
Similarly, the existing customers can apply for a virtual card against their existing debit or credit cards.
Bahrain Islamic Bank chief of retail banking said Dalal Al Qais said: “With these virtual cards, we are offering new and existing customers a seamless transition to new digital payments methods, providing them with the golden opportunity to conduct transactions instantly and safely, for our entire line of products, be it our debit, credit or prepaid cards.
“With our newly launched ‘Virtual Card’ feature on BisB Mobile, we wanted to offer our customers the ultimate level of convenience, and an additional level of safety especially considering the risks of physical cards considering the ongoing Covid-19 pandemic.
“Our customers will no longer need to wait for their card to be delivered and can instantly enjoy a fast, simple and secure payment experience, be it on online or Point of Sale transactions.”
Notably, last year, the National Bank of Bahrain (NBB) acquired a 78.8% controlling stake in BisB.