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INVESTBANK renews partnership with Emerging Markets Payments

Date: 
Tue, 04/14/2015

Amman, Jordan: April 2015 – INVESTBANK, the leading provider of innovative banking solutions, has renewed its strategic partnership with Emerging Markets Payments, the Middle East and Africa’s foremost provider of electronic payment services to banks, retailers, governments and consumer finance institutions.

Under the new agreement, INVESTBANK clients will be able to use their cards, including VISA cards and others, at an increasing number of electronic points of sale made available by Emerging Markets Payments across Jordan. These include malls and online payment gateways, and offer the bank’s clients a hassle-free and time-saving shopping experience.

Muntaser Dawwas, CEO of INVESTBANK, commented: “We are keen to sustain our partnership with Emerging Markets Payments, which started over a year ago. In harmony with our mission to provide our clients with the most innovative solutions, we also seek out the most innovative methods of communicating with them. The majority of Jordanians have welcomed the advent of electronic payments in the Kingdom, and this is the driving force behind our continuous development of innovative solutions and facilities.”

The annual volume of electronic transactions in Jordan is already JD 1.5 billion (US$2.1 billion), a key motivation behind INVESTBANK’s strategy of offering bespoke e-credit card solutions to best serve its clients.

In 2014, INVESTBANK was awarded the best Loyalty Program for credit cards by Emerging Markets Payments in recognition of its Cash Rewards program, which offers two percent cash-back on all purchases made using the bank’s VISA card.

 

Hassan Mayassi, CEO of Emerging Markets Payments Jordan, said: “We are proud to renew our strategic partnership with INVESTBANK. We now offer VISA card and MasterCard electronic services at 15,000 points of sale across Jordan. We decided to expand our reach via more points of sale to address the growing demand from Jordanian clients on using electronic payments in the country.”