Byblos Bank wins Visa award for ByblosPay
Byblos Bank received the first VTS Mobile Payment Launch in the Levant award by Visa, in recognition of ByblosPay, its mobile payment application launched in November 2016, in Lebanon.
The application allows users to make payments by turning their Android smartphones into payment devices. It has received positive reviews and has been downloaded by thousands of users.
The award acknowledged the achievements of leading banks in the Levant that make use of cutting-edge technologies such as the Visa Token Service (VTS).
“Consumers around the world, including Lebanon, are more and more relying on smart appliances and connected devices to make their lives easier,” said Ihab Ayoub, General Manager for Middle East and Africa at Visa. “By adding payment means to these devices, we are turning virtually any Internet connection into a commerce experience, making secure payments seamless and ultimately more accessible to merchants and consumers in Lebanon. We are so excited that Byblos Bank is taking advantage of this new payment enabler to help the Lebanese consumers.”
Georges Fares, Head of Group Cards, Accounts and Bancassurance Products at Byblos Bank, said Byblos Bank is proud to be the first bank in Lebanon and the region to offer one of the most innovative payment methods; ByblosPay will transform the way people make transactions in their everyday life.
ByblosPay is an easy-to-use mobile application requiring users to scan their Byblos Bank Visa Credit Cards so that their Smartphones can be used seamlessly for payments at any merchant equipped with NFC contactless payment devices and is available on the Google Play Store.