UWallet and Mastercard launch secure, Digital Gold Debit Card

The UWallet Gold Debit Card by Mastercard will be issued digitally, meaning the card and its details are safely stored on users' phones

  
UWallet and Mastercard launch secure, Digital Gold Debit Card

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.”

-Ends-

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.


More From Press Releases