KIB Lauches Zwipe Based Biometric Card
Kuwait International Bank (KIB) has become the first bank worldwide to commercially launch biometric payment cards based on Zwipe’s platform. These innovative cards will be offered to the bank’s elite VIP clients as part of the Visa Infinite Black product.
Under the collaboration, Zwipe will deliver its Zwipe Pay solution for biometric payment cards, approved by Visa. The cards will be produced by Inkript, one of Zwipe’s regional partners. The introduction of the biometric cards allows KIB’s Black Banking segment customers to enjoy the convenience and security of fingerprint-activated POS transactions, enhancing their banking experience. The card aligns with the bank’s new authentication system and offers a range of premium banking benefits and exclusive rewards.
Visa, as a partner in this initiative, is committed to investing in emerging capabilities such as biometrics to provide a seamless and secure payment experience for consumers. The collaboration between KIB, Zwipe, and Visa demonstrates their dedication to developing innovative solutions for the benefit of customers.
Inkript Industries, in partnership with Zwipe, will manufacture the biometric payment cards. The adoption of biometric payment cards is a global trend that enhances the customer experience, and Inkript is excited to be part of this technology’s commercialization.
Zwipe, the provider of the biometric card solution, expresses pride and honor in partnering with KIB to launch the latest generation of biometric cards. The collaboration signifies KIB’s trust in Zwipe Pay and the commitment to delivering a high level of security and protecting biometric data privacy throughout the user experience, from enrollment to payment.
Overall, this partnership between KIB, Zwipe, and Visa marks a significant milestone in the adoption of biometric payment cards, providing customers with a convenient and secure payment solution while offering additional banking benefits and rewards.
KIB, a publicly quoted bank operating since 1973 with around 20 branches in Kuwait, aims to provide innovative financial solutions to meet its clients’ needs.
