In a new step reaffirming its leadership in digital banking innovation, Boubyan Bank announced the launch of the “Split Bill” service in collaboration with The shared Electronic Banking Services Company (KNET), a leading provider of electronic payment services.

This marks a significant addition to Boubyan’s comprehensive suite of payment solutions designed for business and corporate banking clients.

With this service, Boubyan becomes the first bank in Kuwait to introduce an advanced experience that allows customers to split bills instantly among a group of people through a point-of-sale (POS) device. Each person can pay their share or percentage of the total amount directly using their payment card (credit, debit, or prepaid), eliminating the need to collect the full amount on a single card or rely on traditional payment links.

Khaled Al-Shammari, General Manager of Direct Banking Channels at Boubyan Bank, said:

“The Split Bill service marks a new chapter in Boubyan’s journey to introduce innovative banking products and services that appear for the first time in the Kuwaiti market. It caters to modern lifestyles and the diverse needs of the business sector. This is not just a technical feature — it’s an innovation in the concept of group payments, making customers’ experiences easier and more flexible while enhancing the operational efficiency of merchants.”

He added, “We take pride in our collaboration with KNET to provide this service, reflecting our shared commitment to developing Kuwait’s payments ecosystem.”
Explaining how it works, Al-Shammari said:

“When a customer requests payment — at a restaurant, café, or retail store — the employee activates the ‘Split Bill’ option on the POS device. The device then generates separate bills, allowing each person to pay their share using their own card.”

Zaid Al-Saadoun, Assistant General Manager of Business Banking for SMEs, added:

“Launching the Split Bill service aligns with our integrated strategy to support business growth and offer innovative banking solutions that reflect a deep understanding of market needs. At Boubyan, we put our business banking clients at the heart of our priorities, believing that empowering startups and entrepreneurs is a key pillar in supporting and strengthening the national economy.”