Abu Dhabi Islamic Bank, a top-tier Islamic financial services institution, announced today that it is on track to migrate all of its Visa Covered and Debit cards to the new generation Chip & PIN cards, in line with the recent Central Bank mandate.
Also known as EMV chip-based payment cards, this new technology contains an embedded microchip in addition to the magnetic stripe which offers cardholders additional security features when compared to existing cards. (Press Release)