Zwipe and areeba add new pilot on Biometric Payment Cards

27 Dec 2021 08:45 CET

OSLO, NORWAY and BEIRUT, LEBANON -?27 DECEMBER 2021?-?Zwipe?is pleased to
announce that a medium sized bank in Levant has confirmed a pilot of biometric
payment cards enabled with Zwipe Pay ONE in the first half of 2022. The bank is
one of the leading brands in the wealth management segment serving thousands of
high net-worth and affluent consumers. Zwipe's?single silicon biometric payment
card?platform has triggered a lot of interest across many markets in the Middle
East where banks are well known to use modern digital platforms to deliver world
-class user experience and security.

The bank will be supported with the pilot by one of Zwipe's well-established
strategic partners in the region, areeba, that was also amongst the first in the
region to recognize the great potential of biometric payments?when it launched
pilots with many leading banks in the region in 2018. areeba is a well
-recognized innovator in the region, pursuing a strategy?of driving?digital
transformation?and service excellence?through modern?technologies.

Speaking on this development,?Maher Mikati,?CEO at areeba?said,?"We are?always
seeking?to make?use of?the latest?technologies?available?to?make life more
convenient and safer?for our esteemed clients.?With biometric payments we will
significantly enhance user experience and security of our card payment
products.?We are pleased to pilot the latest?generation of biometric cards
with?Zwipe?and?this leading bank in wealth management and private banking in the
region."

Ramzi?Saboury, General Manager of?Zwipe?in MENA Region?said:?"We are very proud
that, just weeks after deciding to issue biometric payment cards for their
customers in Lebanon and Iraq respectively, areeba is ready to issue biometric
payment cards as a service to other issuers in collaboration with Zwipe.?We?are
confident?that the pilot will show how biometric payment cards can help?the?bank
to?attract new customers, uplift?customer?loyalty and?ensure excellent returns
from their payment portfolio. Zwipe will?be supporting the bank?through all
stages of?the pilot?journey,?ensuring?smooth?pilots with strong end user
focus."

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About?areeba

areeba is an electronic payment technology company licensed by Visa and
MasterCard and has an agreement with American Express & Discover. Established in
2017, areeba adopts the latest technologies and provides solutions and payment
services to banks, governments and merchants to suit their aspirations and
needs.

areeba offers services tailored to global requirements, from card issuance and
management, non-contact payment solutions, contactless and mobile payment. It
also provides merchants and governments with the latest e-commerce platform and
point-of-sale machines that adopt the highest standards and safety systems.
areeba operates a wide range of loyalty programs, including collecting points
and miles, cashback programs, and providing consultancy services for the
planning, design and development of electronic products and payment solutions.

For more information, visit www.areeba.com, or @areebalebanon on LinkedIn,
Facebook or Instagram. areeba media contact: Nouchka El Hage, +961-1-954325 -
NHage@areeba.com


About?Zwipe

Zwipe?believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations,?industries?and cultures to make convenience safe and secure. We
are pioneering next-generation biometric card and wearables technology for
payment and physical & logical access control and identification solutions. We
promise our customers and partners deep insight and frictionless solutions,
ensuring a seamless user experience with our innovative biometric products and
services.?Zwipe?is headquartered in Oslo, Norway, with a global presence.

To learn more, visit zwipe.com (http://www.zwipe.com/). For further information
please?contact:?André?Løvestam, CEO, +47 991 66 135, info@zwipe.com

More information:
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