Kuwait Banks introduces “WAMD” instant payment service on its mobile banking app скачать в хорошем качестве

Kuwait Banks introduces “WAMD” instant payment service on its mobile banking app

Banks around Kuwait launched WAMD, a new and convenient way of sending and receiving money locally through Knet. WAMD is the Arabic word for “Flash”, which I guess refers to the speed of transferring money. The service basically allows you to quickly send and receive money using only a person's phone number. Previously if you wanted to send a friend money, you’d either have to add them as a beneficiary or you would have to create a payment link. Now, they no longer need to do that. Instead, all you need to do is go to your mobile banking app and select either to send or request money via WAMD, and then type in the amount, and the person's phone number, and then click send. WAMD will handle everything else which includes sending the payment link and notifying both parties through SMS on the status. To be able to use WAMD, both of you need to have previously registered for it. You can register to use WAMD through your banking app, it’s a simple process where you enter your phone number and then the app sends you an OTP number to verify that this in fact is your phone number. Once you do that you can then use the service. There are transfer limits. The minimum amount you can send per transaction is 1KD, and the maximum is 1,000KD. You also have a daily limit of 3,000KD and a maximum monthly limit of 20,000KD. This is a free service and requires you to have a Kuwait number and a Kuwait-based bank account. Bank بنك ALTijari Commercial bank of Kuwait البنك التجاري البنك الوطني NBK National bank of Kuwait Ad CBK ad اعلان البنك التجاري Burgan Bank بنك برقان Gulf Bank بنك الخليج Ahli Bank بنك الأهلي Boubyan Bank بنك بوبيان Kuwait Finance House بيت التمويل الكويتي