Amman, Jordan: UWallet, the country’s leading payment service provider, and technology leader Mastercard, have announced the launch of a first-of-its-kind digital Gold Debit Card by Mastercard as a new addition to UWallet’s suite of payment solutions.
The UWallet Gold Debit Card by Mastercard will be issued digitally, meaning the card and its details are safely stored on users’ phones. It offers the highest security standards, in addition to 3D Secure, a free service that protects the card from being used by unauthorized individuals, adding to cardholders’ peace of mind when shopping online.
The card offers users tailored benefits and entry to a wide variety of services and secure solutions, ultimately creating new digital channels, especially for those who have limited access to traditional banking solutions.
Through the UWallet app, customers can access the details of their card immediately upon issuance and use it to make purchases and conduct transactions via countless online merchants and ATMs. Cardholders also have quick and easy access to their card information through the UWallet app, which also allows them to digitally manage their payment information, view their transaction history as well as their balance information.
UWallet CEO, Dr. Ala’a Ensheiwat, said, “At UWallet, we continuously work to provide our customers with a wide range of payment solutions that meet their needs quickly, simply and securely. Today, we are pleased to announce the launch of the UWallet Gold Debit Card by Mastercard, which is the first of its kind in the Kingdom in terms of its unique design, its high levels of security and its effective confidentiality safeguards, which all come together to eliminate the risks involved with cash transactions.”
J.K. Khalil, Mastercard’s Country Manager for Saudi Arabia, Bahrain & Levant, said, “We are delighted to partner with UWallet to launch this innovative solution and allow all Jordanians to participate in the digital economy. As consumers get used to seamless cashless transactions, we see the move to digital cards as the next step in the evolution of payments. We will continue to partner with industry leaders like UWallet to harness the power of innovation and work towards a more inclusive, more connected world.”
© Press Release 2021