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Saudi Arabia : Alinma First Bank to Provide Full Visa Card Collection in Kingdom

July 8, 2014



In collaboration with Visa International, the leader in secured electronic payment technologies, Alinma Bank has launched its exclusive Alinma Signature Debit Card. By doing so, Alinma becomes the first bank in Saudi Arabia to provide the full collection of Visa debit cards Classic, Gold, Platinum, Signature and Infinite.

The Alinma Signature Debit Card offers the holder several unique privileges and special services as well as exclusive offers on travel and accommodation bookings in hotels and luxury resorts. Special shopping offers are also extended to holders, as well as comprehensive travel insurance, and access to VIP lounges at 25 airports around the world, regardless of the class of travel booked.

Abdulmohsen Al-Fares, CEO of Alinma Bank, said he was delighted to launch the card and to partner with Visa. A strategic partnership has existed between Alinma Bank and Visa International since the bank s inception; and this has allowed us to achieve a number of firsts both in Saudi Arabia and in broader regions, said Al-Fares. Alinma was the first bank in the Middle East and Eastern Europe to issue Visa cards directly through branches thanks to the latest technology that links Alinma s banking system with Visa International.

Speaking about the launch of Alinma s Signature card, Ahmed Jaber, Director of Visa in Saudi Arabia said the following: The Saudi banking market is one of the most important markets for Visa in the region due to the market size and the number of users of Visa cards. Our partnership with Alinma Bank allows us to provide users with world-class card technology with worldwide acceptance at millions of POS locations and ATMs, which allows partners to pay directly from their accounts to purchase products or services in a safe and appropriate manner."


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Source: TendersInfo (India)


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