Awarded Closed-loop / Retailer Program of the Year
Dubai, UAE, 8 April 2012 - Majid Al Futtaim Finance took home top honours for itssuccessful Mall Gift Card program, winning in the category of 'Closed-loop / Retailer Program of the Year' atthe recent Middle East Prepaid Awards 2012. The pioneer in introducing the prepaid Visa GiftCard concept and other innovative prepaid solutions across all market segments,Majid Al Futtaim Finance is today, the recognised leader within the industry.
Majid Al Futtaim Finance'sMall Gift Cards - one of the company's most successful prepaid products in themarket, were awarded on the basis of several key merits including simplicity,convenience and branding opportunities. Moreover, Majid Al Futtaim Finance andthe Mall Gift Cards were recognised as being 'best-in-class' as a complete,end-to-end solution, bringing together the issuing services, payment schemes,technology, card production and the operational support on behalf ofbusinesses. On the customer end, the Mall Gift Cards were noted for theirease-of-use and convenient loading features.
"We are extremely pleased tohave been given the 'Closed-loop /Retailer Program of the Year' award " said Rasool Hujair, CEO of Majid AlFuttaim Finance. "Our collaboration between Majid Al Futtaim Properties and itsportfolio of world-class shopping malls across the Middle East & North Africahas enabled us to expand successfully across the region, tailoring the productto the needs of each market. We will continue to innovate our Mall Gift Cardsto bring a superior product that benefits both our partners and the consumer."
Hosted on March 21st, the Middle East PrepaidAwards, the first of its kind in the region, was designed to recognise andreward the most outstanding companies and individuals operating within theprepaid industry today. A panel of expert judges was formed to identify thoseorganisations which are running unique and successful programmes in the area orwho have shown real drive and innovation in this rapidly expanding industry.
Majid Al Futtaim Finance, as theregional industry leader, offers a comprehensive range of prepaid productsacross all sectors of the market from retail, travel, corporate and morerecently, online. They include prepaid Visa cards, corporate incentive cardsand payroll cards and recently, the company introduced two new products: theLoadnShop Prepaid Visa Card and MyNetCard, a prepaid Visa Card for onlineshopping.
For more information, pleasevisit: maffinanceprepaid.com
About Majid Al Futtaim Finance LLC
Majid Al Futtaim Finance LLC is a 100% ownedsubsidiary of Majid Al Futtaim Ventures. The objective of this venture is tofulfil our vision of becoming the consumer's credit card and prepaid card of choice.Majid Al Futtaim Finance LLC currently issues VISA and JCB credit cards as wellas prepaid Visa cards in the UAE and has plans to expand across the Middle East& North Africa.
For media information, please contact:
Angela Bak,
Consultant
The PortsmouthGroup
angela.bak@theportsmouthgroup.com
© Press Release 2012
