Entrust, an identity-centric security solutions provider, has announced a partnership with CreditBank PNG (CBP) to deliver digital and card payment solutions to customers across Papua New Guinea.
This collaboration is said to mark a “significant milestone in CBP’s digital transformation journey and supports its long-term vision to become the leading digital bank in the region.”
The Entrust Digital Card Solution was “selected by CBP for its all-in-one platform, offering robust functionality and seamless integration capabilities.”
Through the Entrust Digital Card Solution, CBP now “enables its customers to securely tokenize their Visa cards, allowing for faster, safer transactions.”
The bank’s mobile app also features a built-in payment wallet, “empowering customers to make contactless purchases directly from their smartphones – eliminating the need for a physical card.”
Danny Robinson, CBP’s Chief Executive Officer
“This is a major step forward for digital banking in Papua New Guinea. Here at CreditBank, we want to provide our customers with a better banking experience – one that’s convenient, safe, and simple. With Entrust, our customers can now open an account entirely online and instantly receive a virtual Visa card – no branch visit required.”
Robinson continued
“We selected the Entrust Digital Card Solution for its strong technical capabilities and simple, all-in-one setup. The platform allows us to integrate digital payments, tokenization, and wallet features smoothly into our app, making it easier for customers to access and use modern banking tools.”
Tony Ball, President, Payments & Identity at Entrust, said:
“Entrust is honored to support CreditBank PNG in leading the charge toward digital banking in Papua New Guinea and helping to drive financial inclusion and innovation across the region.”
Entrust fights fraud and cyber threats with “comprehensive identity-centric security that protects people, devices, and data.”
Their solutions help enterprises and governments “safeguard critical systems from every angle, enabling secure onboarding and issuance, providing everyday identity protection, and empowering them with 360-degree visibility and orchestration across keys, secrets, and certificates so they can transact and grow with confidence.”
Building on their decades as an innovator in establishing trust, Entrust has a global partner network and “supports customers in over 150 countries.”