MEPS, Umniah ink MasterCard services deal
Amman, May 19, 2013
Middle East Payment Services (MEPS), a leading payment services firm, has signed an agreement with Umniah, a top telecom operator in Jordan, under which Umniah customers will have access MasterCard services.
MEPS will install point-of-sale (POS) devices at Umniah’s various branches and showrooms across Jordan to offer secure, convenient and user-friendly MasterCard acceptance services.
MEPS will also provide Umniah with around-the-clock technical support, card authorization and ongoing monitoring security services.
MEPS chairman Dr Abdel Malek Jaber said: “Customers today are on the look-out for secure payment services for their cashless transactions, and we believe that it is our responsibility to provide them with a safe and efficient card payment experience. We are proud to have signed this agreement, and we hope to extend additional payment services and solutions to Umniah in the near future.”
CEO of Umniah, Ihab Hinnawi, said: “We are continuously working to provide our customers with added value across all of our touch points, and we believe that delivering premium and secure card payment services will add value to their overall experience at Umniah.
“MEPS’ proven track record positions them as the ideal partner of choice for Umniah, and we are confident that this agreement will mark the beginning of a successful partnership for all involved parties.” – TradeArabia News Service
More Finance & Capital Market Stories
- NBAD approves 40pc cash dividends
- NBAD sees 8-10pc loan growth
- Al Basel Group launches investment arm
- Union Insurance posts $18m profit
- Oman warns banks on conflicts of interest
- Japan to lend Tunisia $480m
- 400 to join anti-laundering seminar in Riyadh
- Lebanese insurer to head Prague Club
- UAE's first REIT plans $135m IPO
- Bahrain banking industry outlook 'positive'
- New India Assurance opens Bahrain branch
- Qatar sets up mixed business incubator
- Kuwait budget spending up 8pc in April-Jan
- Thomson Reuters to host Mena IFR awards
- ADIB offers smartphone industry investment
- Gulf Finance House to start $3bn Tunisia project
- KFH completes ICT project upgrade
- Egypt urban annual inflation slows to 9.8pc
- BIBF signs deal with Palestinian institute
- Bahrain’s GDP set to expand 12pc
- KFH-Bahrain rebrands priority banking
- Bank Nizwa wins top Islamic bank award
- Qatar labour costs may jump: IMF
- Kuwait Q3 trade surplus hits $23bn
- Dubai trade growth up 7.6pc to $362bn
- Deloitte appoints new managing director
- Al Ramz tops UAE trading in Feb
- IFC in $150m loan deal with Bank Audi
- SME funding focus for Abu Dhabi forum
- Insurance House posts second year of profit