Beirut, 28/08/2020: areeba, the leading e-payment provider in the Middle East, has announced the launch of Zaky, its new mobile wallet application. Regulated by the Central Bank of Lebanon, the fast and secure mobile wallet enables a wide range of transactions via a single app on a mobile device, including P2P money transfers, mobile recharge, top-up services, various types of payments transactions, card-to-card transfers and much more.

“As payments shift to become increasingly digital, and with mobile wallets transforming the global payment industry, areeba is proud to introduce a new tool that will tremendously enhance the way customers transact and pay, especially during the current COVID-19 pandemic, as it facilitates their daily financial transactions amid social distancing and enables them to access secure and quick payment services within a few clicks from the comfort and safety of their homes, and”, said Maher Mikati, areeba’s CEO. “areeba is also offering a way around the cash decrease issue encountered by people in the country, by enabling anyone with a payment card and a phone number to conduct payment transactions in a digital, seamless and cost-effective way through Zaky mobile wallet app”.

One of the key functions of the new application, the P2P payment, allows users to send and receive instant payments securely through multi-factor authentication involving the customer’s phone number, as well as card tokenization technology to protect all card details within the highest level of security. Once Zaky is downloaded, the user can create an e-wallet in Lebanese Pounds or US Dollars.

This innovative addition to areeba’s technology suite reinforces the company's mission to build the most advanced mobile payment experiences for Lebanese consumers and accelerate the shift to a cashless economy.

During the second release phase of Zaky, areeba will be adding new features such as bill payment and QR payments to pay merchants directly in offline locations.

Zaky is now available for download on the Apple Store and Google Play.