BENEFIT announces security features on mobile app to enhance safety

Facebook
Twitter
LinkedIn
Mr. Ahmed AlMahri, Head of BENEFIT’s Business Development and Services Department

BENEFIT, the Kingdom’s innovator and reportedly the leading company in Fintech and electronic financial transactions service, has recently announced several security enhancements to the BenefitPay application with the aim of enhancing user experience when switching mobile phones.

The latest enhancements include prompting users to deactivate the BenefitPay account used on their old phone before activating it on their new device, as this step contributes to enhancing user safety and security, while limiting electronic fraud risks.

Commenting on the occasion, Mr. Ahmed AlMahri, Head of BENEFIT’s Business Development and Services Department, said: “As part of its efforts to improve and protect users’ experiences, BENEFIT is eager to periodically introduce improvements to its services and evaluate best practices. In this regard, we recently modified the activation mechanism of the BenefitPay application in a new phone, as the new procedure requires that the user first cancels the activated account on the old phone before proceeding to install the application on the new phone, by selecting the Deactivate feature in the Settings menu on the old device.”

He added: “In the event that the old phone is not available for any reason or due to formatting the old device, the customer must visit BENEFIT’s customer service center at the Company’s headquarters in Seef District, where the deactivating process will be completed by a qualified employee after verifying the customer’s identity. This measure is taken to ensure security and compliance with consumer identity verification regulations in order to protect them from fraudsters.”

It is important to note that personnel of The BENEFIT Company will not contact consumers and ask for passwords, OTPs, or customer data, and if customers are subjected to such a situation, it is a fraud attempt.

Source

For more information regarding electronic financial transactions service please read the articles on: Yalla Super App offers service for investing in gold, Yalla Invest

ValU forms partnership with Geidea, a digital payments platform

Share.

RELATED POSTS

Image Courtesy DC Studio Freepik
NatWest Group And NCR Atleos Partnership To Boost Self-Service Banking
Roberto Hoornweg, Co-Head of Global Corporate & Investment Banking division and CEO of Europe, Americas, Africa & Middle East at Standard Chartered, and Robert McAnally, SVP-Head of Treasury & Corporate Finance at Siemens Energy. Image Courtesy: Standard Chartered
Standard Chartered Launches Multi-Country Sustainability Trade Finance Facility for Siemens Energy
Apple Pay launched in Egypt. Image Courtesy: Mastercard
Mastercard Collaborates with CBE and EBC to Bring Apple Pay for Users in Egypt

LATEST POSTS

Representational Image. Image Courtesy: Freepik
SAS and Ajman Bank PJSC have joined forces, leveraging SAS’s expertise to enhance the Ajman Bank’s enterprise-wide fraud detection and prevention capabilities. Image Courtesy: SAS
Representational Image. Image Courtesy: Freepik
HUMAIN has signed a strategic framework agreement with center3, the regional digital infrastructure leader and a wholly owned subsidiary of stc Group. (Image Courtesy: HUMAIN)