BIBD SEED expands at MoFE

Written by Rano Iskandar on . Posted in community, bank, Business, Social News

 

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Yang Berhormat Dato Seri Setia Dr Hj Mohd Amin Liew bin Abdullah, Minister at the Prime Minister’s Office and Second Minister of Finance and Economy, with the BIBD SEED (Special Underprivileged Mothers Empowerment Entrepreneurship Development) at the atrium of the Ministry of Finance and Economy (MoFE) yesterday
 

Participants of BIBD’s Special Underprivileged Mothers Empowerment Entrepreneurship Development Programme (BIBDSEED) will now have a new marketplace to offer their products to the public after being provided with a retail space at the building of The Ministry of Finance and Economy (MoFE).

Located at the Atrium of the ministry’s building, the marketplace will be occupied by participants of the current cohort 2 of BIBDSEED.

The new space will fit three businesses at a time and the participants will rotate to occupy the space on a monthly basis.

 

 

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The Minister officiating the launch of the new market place at MoFE
 

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The Minister handing out certificates to the underprivileged mothers under the BIBD SEED programme
 

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The Minister trying out the lok-lok stall
 

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The Minister trying out the spaghetti
 

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My favorite of the lot – the Rendang, cooked with no sugar and no salt. Oh yea, all vendors use QuickPay and Progresif Pay
 

BIBD’s Head of Government Relations and Special Projects, Haji Mohammad Yusri bin Haji Wahsalfelah, said: “This placement will provide first-hand and real-life entrepreneurship experiences to our BIBDSEED participants. Through this marketplace, they will now have a level playing field and face healthy competition from established businesses who are currently based there. This can also be a stepping stone for them to grow further.”

He added being based at the new retail space will be crucial and beneficial for the participants’ development as entrepreneurs as it will test their resolve to apply their knowledge and learning from the previous phases such as pricing, marketing, communications, sales pitching to customers and promotion of their products.

“We would like to express our appreciation to the Brunei Government for their strong support and providing the opportunity for us to further develop the BIBDSEED programme. The programme is already a multi-agency initiative actively supported by the government through the Ministry of Religious Affairs and the Ministry of Youth, Culture and Sport.”

“The provision of this new retail space symbolises the huge support of the Ministry of Finance and Economy in collaborating with BIBD to empowering the underprivileged to become successful entrepreneurs. This also reflects our commitment and dedication to become the nation’s partner in progress.”

The launch of the new marketplace was officiated by Yang Berhormat Dato Seri Setia Dr Hj Mohd Amin Liew bin Abdullah, Minister at the Prime Minister’s Office and Second Minister of Finance and Economy, who also presented certificates to the ten participants of BIBDSEED cohort 2 to mark the completion of Phase 5 of the programme.

Also attending the launching ceremony were permanent and deputy permanent secretaries at MoFE, BIBD’s Deputy Managing Director Hjh Noraini binti Haji Sulaiman, as well as other senior management and officials from the ministry and BIBD.

 

Youth Empowerment Conference, 7-8 Sept

Written by Rano Iskandar on . Posted in Youth, community, bank, lifestyle, Social News

 


Shaun Hoon of Curious Mind and Maurina Abd Hamid, Senior Officer of the Group Communications Department of Baiduri Bank during the press conference for the upcoming event, Youth Empowerment Conference
 


Hafiza binti Mohamad, Corporate Communications Manager at Progresif, presents a certificate of appreciation to Maurina Abd Hamid
 

Youth Empowerment Conference (YEC). First we have the Youth National Congress which was a huge success. Soon it will be the National Youth Day and next up will be the Youth Empowerment Conference where 700 youths will be involved, come 7-8 September 2019.

Shaun Hoon of Curious Mind and also the master mind of Youth Empowerment Conference was able to muster great international speakers from Canada, Australia, Singapore, Malaysia and the Philippines and let’s not forget the local youth leaders from Brunei Darussalam.

The Youth Empowerment Conference is co-organized by Progresif Cellular Sdn Bhd and Curious Mind with Baiduri Bank as the platinum sponsor of the said event.

A press conference was held as well as handing over of certifications to the contributors and also relevant institution and schools where students will be attending the YEC.

The press conference was chaired by Shaun Hoon, founder of Curious Mind and Maurina Abd Hamid, Senior Officer of the Group Communications Department of Baiduri Bank.

During the press conference, Shaun Soon said that the goal of the YEC is to inspire young people using fellow young people as role models so they are listening to a voice they can relate to and really believe that anything is possible when our young people set their minds to it. His goals of the YEC are 1) to cultivate a global mindset 2) to expose the youth to the future employment and 3) to instill good values in the youth.

Some of the keynote speakers include winner of JCI’s Top Young Person of the World in 2013 Linh Do, who worked alongside Al Gore’s climate change initiative and Harvard Alumnus, Stevie Award winner and VP of United Nations in Western Australia Dr Sandy Chong, together with member of the Forbes Coach Council KarFei Cheah. Such a beautiful line up but sadly, I won’t be in Brunei for the YEC as I will be outstation for work.

As mentioned before, Baiduri Bank is the Platinum Sponsor for Youth Empowerment Conference where they will provide 100 seats on complimentary basis to students from Institute Of Brunei Technical Education, Laksamana College of Business, Cosmopolitan College of Commerce Technology, Kolej International Graduate Studies and Politeknik Brunei. Each seat is worth $100 each for the two-day event.

 

 


Some of the beneficiaries represented by Mahakarya Institute, Cosmopolitan College of Commerce Technology and Laksamana College of Business
 

 


The attendees during the press conference
 

 


YEAB’s president receiving a certificate from Progresif
 

 


Takaful is sponsoring students from UBD to attend the YEC
 

 


Jerudong International School is one of the partners for the conference
 

Chief Executive Officer of Baiduri Bank Ti Eng Hui said, “Baiduri Bank is a great believer in investing in youth, who are leaders of tomorrow. Events such as the Youth Empowerment Conference connect them to international speakers, entrepreneurs and youth leaders.

“It helps them to build a network, increase their global awareness and prepare them for opportunities beyond Brunei through the use of technologies.”

Chief Marketing Officer of Progresif Devin Edwards said, “Support of the Youth Empowerment Conference is part of our Progresif Minds initiative.

“Progresif Minds is a platform that will serve to contribute meaningfully to society by working with thought leaders, captains of industry and change makers in Brunei and beyond,” he added.

“We believe that a progressive mind is a curious one and we aim to feed that curiosity with creative, innovative and inspirational experiences which expand knowledge and help unlock Brunei’s potential.”

Shaun Hoon confirmed that early promotion of the event has already seen the reservation of 500 of the 700 available seats from high schools and higher institutions across Brunei including members of I-Usahawan and i-Ready Apprentinceship programme confirmed to participate at the conference.

It was also shared that complete details about the Youth Empowerment Conference and registration will be available soon at www.progresifminds.com.

 

 


Representatives from Chung Hwa Middle School (BSB)
 

 


Representatives from VitaWorld, Gong Cha and Yippy Tune
 

 


Representatives from Excapade Sushi, Fitness Zone and Luxe Development
 

Baiduri Bank awarded for the 7th consecutive year

Written by Rano Iskandar on . Posted in community, bank, Social News

 


Pg Azaleen bin Pg Dato Hj Mustapha, Deputy Chief Executive Officer at Baiduri Bank receiving his award from Tim Charlton, Editor-in-chief of Asian Banking & Finance magazine as Baiduri Bank was ecognised as the Domestic Retail Bank of The Year for Brunei 2019 for the seventh consecutive year.
 

At an awards ceremony hosted by the Asian Banking & Finance magazine at the Shangri-La Hotel in Singapore yesterday, Baiduri Bank was recognised as the Domestic Retail Bank of The Year for Brunei 2019 for the seventh consecutive year.

Pg Azaleen bin Pg Dato Hj Mustapha, Deputy Chief Executive Officer at Baiduri Bank was present to receive the award during the ceremony. “We would like to thank our customers and stakeholders for their loyalty and support over the years. We are honoured to be recognised by the Asian Banking & Finance magazine as the Domestic Retail Bank of the Year for Brunei for the seventh year running.”

Speaking on the efforts made by the Bank last year, he said, “Baiduri Bank’s retail banking division underwent a number of enhancements to better cater to the needs of our diverse customer base. Among others, our customer programmes, namely Baiduri Prestige and Baiduri Smart Executive, were revamped. This revamp saw the introduction of the Mastercard World debit card exclusively for our Prestige members —a first for Brunei.”

He further elaborated that further enhancements were made towards Baiduri’s internet banking offering greater flexibility and clarity for funds transfers and a more user-friendly registration process. Improvements also included a wider variety of investment products through Baiduri Capital as well as the relocation of the Seria branch.
“Our Seria branch has been relocated to larger and more customer-friendly premises offering full banking services and features a contemporary décor to reflect the dynamism and innovative spirit of Baiduri Bank.”

Since 2006, the Asian Banking & Finance (ABF) magazine has been honouring and recognising the best of the best in the Banking and Finance industry in Asia. It focuses on commercial and retail banking and on the securities market from a banking perspective.

 

 


Pg Azaleen in his acceptance speech
 

BIBD 14th Home Showcase Festival

Written by Rano Iskandar on . Posted in community, bank, lifestyle, Business, Social News

 

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Datin Paduka Dr Hajah Norlila binti Dato Paduka Haji Abdul Jalil, Permanent Secretary at the Ministry of Culture launching the BIBD’s 14th Home Showcase Festival
 

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It’s the 14th edition of the BIBD’s 14th “Home Showcase Festival” and this has become a household name in Brunei Darussalam. I remember attending almost all their home showcase events but to date, this is the biggest because it’s held for three days (12th to 14th April).

Buying a home has slowly become a culture among Bruneians and BIBD wants to ensure that home buyers’ dreams can become a reality by facilitating their needs with every step of the way.

According to Hajah Nurul Akmar binti Haji Md Jaafar, BIBD Head of Retail Banking, the Home Showcase will benefit the home owners and also providing a one-stop platform for current and prospective homeowners especially the young professionals.

Officiating the ceremony last Friday was Datin Paduka Dr Hajah Norlila binti Dato Paduka Haji Abdul Jalil, Permanent Secretary at the Ministry of Culture, who spent quite some time visiting all the vendors that participated in the Home Showcase Festival.

Of course, let’s not forget BIBD’s QuickPay function where it’s cashless payments where you don’t need to fork out your physical money. I have been actively using it and I find it very, very convenient. The adoption rate was pretty good during Brunei’s MSME where the usage of QuickPay doubled, showing signs that people are ready to go cashless.

Customers can also get a BIBD NEXGEN Foldable Shopping Bag as long as stocks last with a minimum spending of BND10. The event also served as an avenue for local entrepreneurs and small and medium and enterprises (SMEs) as well as partnering realtors and interior designers to showcase their products and services.

BIBD Seeds, a special program for “Special Mothers Empowerment Entrepreneurship Development” Programme, aimed to transform underprivileged mothers into successful and resilient entrepreneurs, and some of the BIBD Seeds participants were present to sell their food and beverage business. Some of them will be graduating by end of April 2019 under the BIBD Seeds programme and soon, the second batch of entrants will partake in this successful program.

BIBD Home Showcase ends this Sunday. So do drop by BIBD Kiulap later and check out your home needs and also the local vendors participating in the event.

 

 

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Guest of honour visiting the realtors
 

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@kapintar.bn
 

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Some of BIBD’s Seeds
 

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Ken View pavilion
 

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Awesome range of home deco and interior design by Ken View
 

 

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@bloomproject.co
 

Cashless payments on the rise

Written by Rano Iskandar on . Posted in technology, bank, gadget, Business, Social News

 


Radi El-Fassed, Progresif’s Head of Product Development, Dr Gyorgy Ladics, BIBD Chief Operating Officer  and Hajah Nurul Akmar binti Haji Mohd Jaafar, BIBD Head of Retail Banking addressing the media on cashless payment trends yesterday
 

We are heading towards a cashless society. It takes two to tango though – the consumers and also the merchants (retailers). It was easier to adopt when a bank introduces newer convenient services then such as ATMs, followed by online banking and transferring money through your mobile phones to another account. Now BIBD has provided a better platform where you can pay your services and goods through your mobile on selected merchants. This basically mean you don’t have to use physical money to pay over the counter. All you need is just your smartphone and waalaaa, you don’t need your change back physically and plus you will look cooler just by paying your items using your phone.

Yesterday BIBD emphasized how branchless banking have made it so convenient for their customers as it allows everyone and anyone to have access to financial services and they don’t even have to physically drop by a bank to do so. I was quite surprised that BIBD NEXGEN Wallet has generated more than 14 million worth of transactions in 2018 alone. That’s pretty high for such a small country like Brunei Darussalam. This really shows how technology has made it easier for the flow of money from one account to another account at your finger tips. Actually I am a high user of BIBD NEXGEN Wallet as I have received and send payments through the BIBD mobile app.

The next step now is to actually capitalized on the latest featured made possible by BIBD and Progresif and that is making payments to the merchants using your phone through BIBD’s QuickPay and Progresif’s Progresif Pay.

Present during the demonstration and press conference were  Dr Gyorgy Ladics, BIBD Chief Operating Officer , Hajah Nurul Akmar binti Haji Mohd Jaafar, BIBD Head of Retail Banking and Radi El-Fassed, Progresif’s Head of Product Development.

In the press release, Mubashar Khokhar, BIBD’s Managing Director and CEO, said that whilst BIBD have placed efforts into encouraging the adoption of a digital Bruneian economy via our own technologies that resulted in over 140,000 BIBD NEXGEN banking users, they remain cognisant we need to go further and evolve if we were to create more impact for a truly digital economy.

With mobile penetration, it will create even a bigger digitized financial ecosystem and it will help spur the economy due to the convenience. This will also be a win-win situation for both consumers and even the merchants because of the lowered set-up costs and the barrier to entry (in business) is low too.

So far, they are 100ish merchants that have used QuickPay and one of the leading merchants is Fuel’d, a popular healthy food joint in Kiulap. As more people getting the hang of using digital payments through mobile phones, future merchants/retailers will see the surging demand of cashless payments through means of paying through your mobile phones.

Progresif’s latest product Progresif Pay have entered the market and now they have even bettered their mobile app. You don’t have to be a Progresif subscriber to make use of Progresif Pay (Awww, nice of you) and you can switch numbers through the App as well at your convenience. I am happy for the fact that you’re able to buy iTunes credit through their e-credit tab on the Progresif Pay. Now that’s very convenient.

If you really want to know more about BIBD’s QuickPay and Progresif’s Progresif Pay, head over to MSME Festival to be held at the BRIDEX International Conference Centre 28th to 31st March and you will see some vendors (especially the ice-cream vendors) making use of these said services. You will see how convenient it is to make payments and furthermore, it is secured.

What I am more excited is that you can even pay through means of NFC where you simply tap on your smartphone on the merchant payment terminal and your transaction will be completed, just like that. Easy, huh? I know Brunei is currently behind when it comes to NFC or payments through mobile phones but the momentum is slowly growing and kudos to the first 100 merchants in believing the power of cashless transactions.

We are definitely heading on the right direction and thank you to BIBD and Progresif on making this service available in the Brunei market.

 

 


A demo on how easy it is making payments over the counter through means of your mobile phones
 

 

BND 10,000 worth given to Baiduri cardholders

Written by Rano Iskandar on . Posted in bank, lifestyle, Social News

 


25 customers were in delightful mood as they were in for a treat from Baiduri Bank for the “Shop & Win Lucky Draw Bonanza” at Hua Ho Department Store (Manggis Mall). Handing over the prizes were Pg Azaleen Pg Dato Hj Mustapha, the Head of Retail Banking and Branch Network, Baiduri Bank and Mr Lau Soon Tiong, Manager of Hua Ho Department Store (Manggis)
 


The grand winner – Mazlan Bin Haji Zaini
 

Baiduri Bank hosted the prize presentation ceremony for the “Shop & Win Lucky Draw Bonanza” promotion in collaboration with Hua Ho Department Store. The event was held at Hua Ho Manggis recently.

During the promotion period held from 14 December 2018 to 14 February 2019, with every BND100 spent and paid using a Baiduri Bank issued credit or debit card in participating Hua Ho outlets, customers receive one chance to enter the draw and win shopping vouchers.

25 customers were shortlisted and after a final draw. Additionally, the remaining 10 winners received consolation prize of a Tefal Infiny Press Juicer each.

Presenting the prizes on behalf of Baiduri Bank was Pg Azaleen Pg Dato Hj Mustapha, the Head of Retail Banking and Branch Network and on behalf of Hua Ho Department Store, was Mr Lau Soon Tiong, Manager of Hua Ho Department Store.

To be in the know of Baiduri Bank current promotions and events, the public can visit Baiduri Bank website at www.baiduri.com under the Promotions section, or on the Baiduri Bank mobile app – Baiduri Deals, like the official Baiduri Bank Group Facebook page or follow @baiduribank on Instagram and Twitter.

 


Playing some games at Hua Ho Department Store
 


Second prize winner – Bong Tjiap Fha
 


Hjh Siti Raihani Haji Abdul Hamid, one of the consolation winners.
 

BIBD Aspirasi winners, Round 2

Written by Rano Iskandar on . Posted in bank, Business, Social News

 


Both winners Mohammad Hasnal and Izzati bin Mohammad Masli were full of emotions after their names were drawn to win the BND 25,000 cash prize (quarterly) as part of BIBD’s Aspirasi campaign earlier this afternoon at BIBD Kiulap.
 

It has happened again. The second batch of the quarterly winners have been feted. Mohammad Hasnal and Izzati bin Mohammad Masli both won the BND 25,000 each as part of the BIBD’s Aspirasi campaign earlier this afternoon.

BANK Islam Brunei Darussalam (BIBD) recently drew out two quarterly and 10 monthly winners for its BIBD Aspirasi reward programme a few days ago and only today, the draw was conducted by Dr. Awang Abdul Nasir bin Hj Abdul Rani, a member of the Shariah Advisory Body at BIBD.

The idea of BIBD Aspirasi is to make people be aware the importance of savings and also to inculcate the savings culture within them and at the same time, supporting the customers to reach their financial goals and even preparing for the unexpected.

The prizes were handed by the guest of honor, Yang Mulia Hjh Noraini binti Haji Sulaiman, Deputy Managing Director of BIBD.

I hope one day I will get shortlisted as I’m also a BIBD Aspirasi customer. Oh yeah, the grand draw will be a whooping, life changing figure of BND 250,000 for the grand prize winner.

It’s easier to sign up for BIBD Aspirasi too. Good luck for the next round of winners.

 

 


Izzati plans to bring her mom for Umrah with the prize money. Alhamdullillah.
 


Hasnal has the intention for Haj pilgrimage and his wishes came true.
 

 


The grand quarterly winners with the other winners who also won BND 2,500 each. Also present were Hjh Noraini binti Haji Sulaiman, Deputy Managing Director of BIBD and Dr. Awang Abdul Nasir bin Hj Abdul Rani, a member of the Shariah Advisory Body at BIBD
 

47 students receiving BIBD ALAF scholarship

Written by Rano Iskandar on . Posted in community, bank, Social News

 

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Minister of Finance and Economy II and MInister at the Prime Minister’s Office, Yang Berhormat Dato Seri Setia Dr Haji Mohd Amin Liew Abdullah (3rd L) and Managing Director of BIBD, Mubashar Khokar ( 2nd L) in a group photo during the BIBD ALAF Scholarship Awards presentation ceremony at The Empire Hotel and Country Club recently. 47 students from Ministry of Religious Affairs and Ministry of Education were recently awarded with BIBD ALAF scholarship.
 

Forty-seven students from the Ministry of Religious Affairs (MoRA) and Ministry of Education (MoE) were recently awarded with Bank Islam Brunei Darussalam’s (BIBD) ALAF (Advocating Life-long Learning for an Aspiring Future) scholarship.

Presenting the awards to them was the Minister at the Prime Minister’s Office and second Minister of Finance and Economy Yang Berhormat Dato Seri Setia Dr Hj Mohd Amin Liew Abdullah, in an event held at the Empire Hotel and Country Club. Also present was the Acting Minister of Education Datin Seri Paduka Dr Hjh Romaizah Hj Mohd Salleh.

The BIBD ALAF Digital Hub, opened under the BIBD ALAF programme, is aimed at encouraging the students to adapt technology in their learning and development to better prepare them for a more digital age. The ALAF Innovators Workshop 2018 was also launched as part of the BIBD ALAF programme.

The workshop introduces students to Micro:Bit, a learning and development platform designed by the BBC for use in computer education that focusses on student knowhow and creativity.

The BIBD ALAF programme was launched back in May 2013 graced by Her Royal Highness Paduka Seri Pengiran Anak Isteri Pengiran Anak Sarah binti Pengiran Haji Salleh Ab Rahaman and programme has currently supported 215 students.

 

 

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The Minister handing the scholarship award to a recipient
 

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Good luck to all the BIBD ALAF Scholars
 

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BAIDURI BANK CUSTOMERS REWARDED WITH AN UNFORGETTABLE TRAVEL EXPERIENCE

Written by Rano Iskandar on . Posted in bank, Social News

 


Winners of their promotion in collaboration with Baiduri Bank Mastercard holders. Presenting the prizes was Pg Azaleen Pg Dato Hj Mustapha, Head of Retail Banking & Branch Network at Baiduri Bank
 

Baiduri Bank hosted a prize presentation today for winners of their promotion in collaboration with Mastercard.

Between 20 October 2018 to 31 December 2018, cardholders stood a chance to win a trip for two to Resorts World Sentosa. To be eligible, cardholders simply needed to use their Baiduri Mastercard Credit Card to make their purchases during the promotion period. Cardholders who spent a cumulative amount of at least BND1,000, received 1x lucky draw chance.

Eight cardholders were shortlisted and after a final draw today, three lucky winners namely, Wong Mei Hua, Gan Sin Siong and Chung Yee Wuen each won an unforgettable trip for two to Resorts World Sentosa in Singapore. The package includes a 2-night stay at the 5-star hotel, a VIP tour of Universal Studios Singapore and a priceless dining experience for two.

The three other winners were rewarded with a consolation prize of 25,000 Royal Skies Miles.

Presenting the prizes to the winners was Pg Azaleen Pg Dato Hj Mustapha, Head of Retail Banking & Branch Network at Baiduri Bank. Speaking on the promotion, he said, “With this promotion, we aim to highlight the exceptional benefits, rewards, services that come with using Baiduri Mastercard Credit Cards.”

“Mastercard would like to congratulate the winners and thank them for choosing cashless payments options when making their purchases. The promotion was an opportunity to continue to demonstrate Mastercard’s commitment to reduce cash and increase electronic payments. Mastercard is pleased to collaborate with like-minded partners such as Baiduri Bank to provide exciting and unique offerings to cardholders and in turn raise awareness of the convenience, security and speed of electronic payments,” said Perry Ong, Country Manager, Malaysia and Brunei, Mastercard.

To be in the know of Baiduri Bank’s current promotions, the public may stay updated by following Baiduri Bank Group on Facebook and Twitter or via our Instagram handle, @baiduribank.

Baiduri Mastercard Credit Cards comes with an array of benefits, such as exclusive rewards and offers, easy instalment plans as well as the ability to accumulate Bonus Points for the Baiduri Instant Rewards programme. With every purchase, customers will enjoy Bonus Points, which in turn gets converted into Baiduri Dollars stored in the Instant Rewards card for instant redemption at any Baiduri merchant.

Currently, Baiduri Bank has over 2000 merchants all over Brunei who participate to give Baiduri cardholders special offers, privileges as well as exclusive shopping discounts. Overseas, Baiduri Mastercard Credit Cardholders not only enjoy access to a wide variety of offers and deals for travel, dining, shopping, sports and entertainment, but also 24-hour global emergency assistance, and depending on the card tier, complimentary travel insurance, and access to over 900+ VIP airport lounges around the world.

To find out more, the public can visit Baiduri Bank website at www.baiduri.com. Customers may also contact the 24 hour Baiduri Bank Customer Helpline at 2449666.

 

 

 

 

 

 

NFC coming soon, thanks BIBD

Written by Rano Iskandar on . Posted in technology, bank, Business, Social News

 

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Hjh Nurul Akmar Hj Md Jaafar, Head of Retail Banking, BIBD, showcasing a sneak peek of BIBD NEXGEN Wallet (NFC) which will kick off in January 2019
 

As part of BIBD’s efforts to support the de-cashing of the economy (meaning less reliance on real cash in hand), BIBD has already introduced digital conveniences such as BIBD Quickypay for QR code payments (introduced a few months ago), BIBD vCard or Virtual MasterCard, its MasterCard Contactless and Visa payWave under its BIBD NEXGEN platform.

There is still room for growth in this department and BIBD will soon up their game by using NFC (Near Field Communication) where all you need is tapping your smartphone only. This is quite common in the US and UK and even in China. This is where BIBD will come in as a pioneer by introducing BIBD NEXGEN Wallet.

This will be made possible once their next BIBD app version will be available in January 2019. It will be synced from the user’s debit or virtual cards to the NEXGEN Wallet which means you don’t have to fork out your debit cards and simply tap your smartphone on the payment terminal.

Hjh Nurul Akmar Hj Md Jaafar, Head of Retail Banking, BIBD, said that all the customers have to do is place or tap your smartphone on the terminal and it will automatically open the BIBD app and it will prompt you for a pin number. After being verified, the transaction will be complete. The cool thing about the BIBD NEXGEN Wallet is that it can function without internet, for purchases up to BND 100.

This is something many will be looking forward to and furthermore, BIBD is well prepared as most of their existing merchants have card terminals which are able to receive NFC payment. Awesome!! The only thing is that the NFC service will only be available for Android users. As for IOS users (Apple), BIBD will be in talks with Apple in hoping that NFC can be readied for BIBD users on IOS.

This is the way of the future indeed and I hope the traction will be higher once NFC become available in Brunei and thank you to BIBD for pioneering this technological move.

 

 

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The next update of the BIBD App will have the NFC option
 

Contact RA

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Contact: +6738677773

About RA

A blogger since 2002, using platforms from blogspot, joomla and now currently wordpress. A readership that stands on average of 20,000 visits per month. Also on active on social media platform on IG, Facebook and Snapchat (@ranoadidas)

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