Visa celebrates card success with ENBD and RTA
Dubai, April 27, 2013
Visa, one of the world’s leading payment solutions providers, has recognized its partners Emirates NBD and the Roads & Transport Authority of Dubai (RTA) for the launch of the co-branded ‘Go4it’ Credit Card in the UAE.
The Go4it Card is a 2-in-1 card that integrates the Credit Card along with the NOL e-purse on one plastic.
A ground-breaking step in the area of public-private partnership set by Visa, Emirates NBD and the RTA, the ‘Go4it’ card was the first-of-its-kind in the Middle East that combined the features of a Credit Card and the proprietary NOL transit application used for making payments on the RTA network and parking meters.
Following the launch of the ‘Go4it’ Credit Card in late 2011, Emirates NBD has witnessed a remarkable growth in the number of customers as a result of the convenience and safety measures offered, along with compelling rewards and lifestyle privileges, said a statement from the bank.
The unique and exclusive auto top-up feature enables the Emirates NBD ‘Go4it’ Visa cardholders to automatically top up their NOL and Salik accounts from the linked ‘Go4it’ Credit Card account, ensuring ease of travel through all RTA-related transit points.
Marcello Baricordi, the general manager – UAE at Visa Inc., said, "Visa is known for bringing global practices to the markets where we operate by designing and localizing them along with our partners in line with the needs of our consumers."
"Our partnership with Emirates NBD and RTA ensures that the millions of people who use Visa cards take advantage of the available services to enhance their lifestyle offering them greater purchasing power, security, value and convenience," he added.
Ahmed Marzouqi, the general manager – Retail Distribution at Emirates NBD, said, “The partnership has resulted in a product that has been widely accepted by our common customers and we are thrilled with the success the card has shown since launch in 2011. The amazing growth achieved on the Visa ‘Go4it’ Credit Card reinforces our commitment to offer best-in-class products and a seamless experience to our customers.”
Mohammed Mudharreb, the RTA director said “The synergistic partnership with Visa and Emirates NBD is an important milestone for us and allows us to offer unparalleled convenience and rewards for our common customers. We are extremely pleased with the progress and uptake of the ‘Go4it’ Visa Credit Card and look forward to further innovative collaborations with Visa and Emirates NBD.”
The credit card is available in two variants – Go4it Platinum and Go4it Gold – and includes all the functionalities of a normal credit card, including rewards, loyalty points and lifestyle benefits.
It comes with a complimentary life insurance cover and a unique lifestyle protector insurance for household expenses, with travel accident and inconvenience insurance cover.-TradeArabia News Service
More Finance & Capital Market Stories
- Saudi economic growth picks up in Q3
- GIH picks ex-Barclays banker as investment head
- Jeddah Economic Company names new CEO
- Saudi real GDP growth surges to 3.1pc in Q3
- UAE business activity growth hits record high
- Global Islamic banking assets ‘set to top $1.7trn’
- Egypt back in business, says new survey
- United Arab Bank backs UAE-Turkey business
- Islamic finance 'facing integration challenge'
- Bahrain tops in developed Islamic finance sector