Premier Bank rows on wearable payment to revolutionise digital banking

The move, in partnership with MasterCard, underscores a broader push among Kenyan lenders to enhance financial inclusion and adapt to evolving digital payment trends...
✨ Key Highlights
Premier Bank has launched Kenya's first wearable payment solution, Premier Tap, and an omnichannel digital banking platform, Premier Connect. This initiative aims to revolutionize digital banking and capture the mobile-first consumer market as Kenya's first Shari’ah-compliant digital bank.
- Most important fact or figure from the article: Premier Bank is Kenya's first Shari’ah-compliant digital bank.
- Key person or organization involved: Premier Bank, in partnership with MasterCard, and CEO Osman Dualle.
- Notable detail that adds context: Premier Tap facilitates contactless transactions through NFC-enabled wearables like smartwatches and rings, utilizing MasterCard's security features.
Continue Reading
Read the complete article from The Standard Business