Al Rajhi Bank has released its new smart activation encryption code service, designed to help smartphone users operating in the bank’s corporate sector identify other users when making financial transactions.
This service, the first of its kind to be implemented in Saudi Arabia, came as part of a broader attempt by the bank’s corporate sector to ride the wave of technological progress and innovation sweeping the industry and improve the quality of online protection services for companies working with the bank.
These services will be available to download on both computers and smartphones.
This service will serve as an alternative to traditional forms of decoding, providing users and clients with the highest level of online protection services. Sources added that a number of tests had been run on the program to ensure its high quality and effectiveness.
Al Rajhi has invested large amounts in its electronic infrastructure in order to ensure its ability to continue providing products and services to clients that save them time when undergoing financial transactions online. Bank employees work hard to ensure that the company remains competitive and provides the best customer service possible to clients to guarantee their comfort and safety when using Al Rajhi products and services.
The Al Rajhi Bank’s Corporate Banking Group was created last month, and gives companies operating in Saudi Arabia and the Middle East working within the Group the ability to make cash deposits via an electronic lockbox.