Al Rajhi Bank in Saudi Arabia: one of the largest Instant Issuance rollouts
Gemalto and Al Rajhi Bank have been working together on EMV instant issuance since 2012.
Al Rajhi is the largest financial institution in Saudi Arabia that is using Gemalto Instant Issuance for on the spot EMV card delivery.
More than 1,200 branches are equipped with Gemalto’s instant issuance solutions to improve the end-user experience and the bank's efficiency.
Al Rajhi is delivering more than 20,000 cards per day, making it one of the largest roll-outs of any instantly issued smart banking card program.
The one-click easy-to-use EMV instant issuance solution facilitates the process with an Arabic interface for better understanding and faster processing for bank employees.
- The solution has improved local logistics regarding mail delivery and associated costs.
- The highly secure EMV card helps reduce fraud by detecting counterfeit and duplicate cards.
Award-winning kiosk solution
Al Rajhi has won a Best Technology Innovation award in 2015 on the Cards & Payments Middle East, for their kiosk solution that has Gemalto Instant Issuance solution integrated.
Since the deployment of the kiosk, we have seen a significant improvement in convenience for Banks’ customers, translating in a continuously growing number of issued cards per month.
Our capabilities and leadership on Instant Issuance is a fast-growing business segment worldwide.
More on Al Rajhi Bank
The Al Rajhi Bank was founded in 1957 and is headquartered in Riyadh, Saudi Arabia.
The Bank operates through five segments: Retail, Corporate, Treasury, and Investment Services and brokerage.
The company ranks #77 in the top regarded companies worldwide for 2019 according to Forbes magazine.
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