On October 5, 2018, Creditbank launched the Creditbank Pay App, the latest innovative banking
solutions and mobile payment methods, in a special event hosted by Creditbank Chairman and
General Manager Mr. Tarek Khalifé, in the presence of VISA Middle-East Managing Director Mr.
Nabil Tabbara, and CSC s.a.l. Group Board Chairman and Managing Director Mr. Marwan Kadoura,
as well as a number of leading industry figures and attendees.
With the launch of this new mobile app, each Visa Cardholder can now make payments from his
or her android smartphone directly, and enjoy a same seamless experience in an easy, fast and
highly secure manner.
In this context, Mr. Tarek Khalifé stated: “This is not the first time we witness such collaboration
between Creditbank, Visa and CSC, which reflects a shared vision and strong commitment to
providing state-of-the-art banking solutions that meet our customer expectations. “There is an
urgent need for speed, convenience and security in banking services, which has led to the creation
of a range of unprecedented digital solutions that contribute to the confidence our customers
place in us,” he continued. “The launch of this innovative service, with all the high standards and
unique features we are accustomed to providing, makes us proud. The thousand-mile journey of
Creditbank, Visa and CSC, on which every step has been an achievement in itself, has truly
demonstrated our shared vision.”
From his side, Mr. Nabil Tabbara stressed, “It is our pleasure to work with Creditbank on the launch
of the digital payment platform based on the Visa Token Service and integrated security
technology. This advanced technology allows to translate the payment card data, including its
16-digit number, into digital information known as ‘Token’. This occasion marks the culmination
of the strategic relationship with Creditbank that we are always proud of, and which enables us
to provide exceptional products and solutions to Visa cardholders. This new technology,
characterized by the security and ease of use typical of Visa’s services, aims at expanding the
Lebanese digital payment base by encouraging customers to use their mobile phones for
point-of-sale (POS) payments of for all transactions even small ones, thereby contributing to
The launch of the Creditbank Pay app reaffirms once again that excellence and customer
centricity are at the heart of Creditbank’s vision, along with the re-engineering of its branches,
services and technological advances.