The Tayyab card is fully Shariah-compliant. It features free and instant card issue, no service fees, and no-fee contactless payments via Apple Pay and Samsung Pay. Its compliance with Islamic finance has been confirmed by the International Shariah Council Shariyah Review Bureau of Saudi Arabia, and the Spiritual Directorate of Muslims of Kazakhstan. No interest is taken from customer card balances, nor is any interest accrued on them.
Customers can receive their cards in a minute after they download the Tayyab mobile app from the Apple Store or Play Market. Once their card is issued, users can make use of instant transfers and cross-border contactless payments through Apple Pay and Samsung Pay. Plastic Visa cards may be ordered by customers if they choose. The card allows customer funds to be stored in four currencies: Kazakh tenge, US dollars, and the euro. Cash withdrawal is available from any ATM worldwide.
“We offer not only easy-to-use financial tools that reflect the latest global trends, we provide convenient services for the Islamic lifestyle. Tayyab is the only app that lets you find the nearest mosque, prayer room and halal cafe. It also pulls up prayer times for Namaz and Azan, and includes a Qhibla compass, Dhikr counter, Zakat calculator and much more.”
The Tayyab card is also set up to prevent use in casinos and other gambling or lottery establishments, as well as alcohol and tobacco stores, bars and nightclubs. The restriction does not extend to grocery stores, restaurants or cafes.
Source: Plus World
OpenWay is the only best-in-class provider of digital payment software solutions, and the best cloud payment systems provider as rated by Aite and PayTech. OpenWay is a strategic partner of tier 1/2 banks and processors, fintech startups, and other leading payment players around the globe. Among them are Network Int. and Equity Bank Group in MENA, Lotte and JACCS in Asia, Nexi and Finaro in Europe, Comdata and Banesco in Americas, and Ampol in Australia.
