Dubai, UAE - CarrefourCarrefour, the leading hypermarket chain, part of MAF Hypermarkets, a company of Majid Al Futtaim Group; and Network International, the most comprehensive and preferred card solutions provider in the Emirates, have entered into an alliance that will see JCB cards accepted at all CarrefourCarrefour outlets across the UAE.

With the new development, more than 58 million Card members will be able to shop at CarrefourCarrefour and pay using their JCB Cards. The alliance with Network International makes this possible as it offers comprehensive card management solutions through its state-of-the-art card payments system infrastructure. Network International concluded its acquiring agreement with JCB International in December 2006.

"JCB delivers an incredible value to customers the world over and our association with them is a natural step in our strategy to offer our patrons a rewarding shopping experience," said Henri Changeux, Senior Vice-President for CarrefourCarrefour (UAE, Kuwait, Oman and Qatar). "Our customers now have a wider range of payment options, bringing them optimum convenience."

"Network is recognised and trusted for its unsurpassed card payment solutions and proven infrastructure. This alliance is no doubt further testament to the exponential added-value offered to large retailers who need to stay competitive by selecting globally tested solutions," added Ram Chari, General Manager, Network International.

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About MAF Hypermarkets:
MAF Hypermarkets, part of the Majid Al Futtaim Group is a joint venture with the world's second largest retailer CarrefourCarrefour. The company operates 27 hypermarkets currently and remains the leader in terms of quality and low priced goods. CarrefourCarrefour's own retail brands are a significant medium for brand differentiation and customer loyalty, contributing substantially to the organization's growth in sales.

For additional information about the Majid Al Futtaim Group, please visit www.majidalfuttaim.com.

About Network International:
Network International LLC, the preferred card solutions provider located in United Arab Emirates, is the first independent vendor certified by the major card payment schemes in the Middle East. It is UAE's largest third- party processing vendor in the region which is capable of providing banks, the retail industry and financial institutions with complete EMV certified solutions as they migrate to EMV SmartCard technology. www.network.ae.

For more information, please contact:
Helen Ross / Eisha Anand
Polaris Public Relations
Tel: +9714-3415555; Fax: +9714-3415588
Email: h.ross@polaris-me.com / e.anand@polaris-me.com

Sana Lababidi
Raee Public Relations
Tel: +9714- 3415558
Fax: +9714 - 3415558
Email: sana@raeepr.com

© Press Release 2008

 

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