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| 06 February, 2018

Al Rajhi Bank Jordan and Middle East Payment Services sign cooperation agreement

Al Rajhi Bank Jordan’s clients will be able to enjoy a wide range of services from MEPS.

Al Rajhi Bank Jordan and Middle East Payment Services sign cooperation agreement

Amman – Al Rajhi Bank – Jordan has signed a cooperation agreement with Middle East Payment Services (MEPS) – a leading, innovative payment services provider in the Middle East – to provide the Bank with a wide range of services and solutions across the region. The agreement was inked on Wednesday 31 January, 2018 at the Bank’s headquarters in Shmeisani, in the presence of Ahmad Al Khub, Al Rajhi Bank’s CEO, and Walid Al Nasser, MEPS CEO.

By virtue of this agreement, all of Al Rajhi Bank – Jordan’s clients will be able to enjoy a wide range of services from MEPS, relating to card management for all types of cards, including the instant issuance of direct debit cards, credit cards and prepaid cards from the Bank's branches, in addition to the acceptance of various card types at the Bank’s ATMs. MEPS will also provide an anti-fraud management and control system across the region, as well as other innovative services.

On this occasion, Al Khub said, “We at Al Rajhi Bank work diligently to provide the best services and products to our clients. The signing of this agreement with a leading company in the field of innovative electronic payment services will certainly meet the needs of clients by accommodating for many types of cards, whether debit, ATM or credit cards.”

Commenting on the agreement, Al Nasser said, “Here at MEPS, we strive to provide innovative and secure solutions and services, to meet the ever-changing needs of our clients. We are pleased to be working with Al-Rajhi Bank – Jordan, providing a range of advanced banking services that will enhance the Bank’s leading position in the region, as well as meet clients’ needs, and facilitate their banking transactions. This agreement also underscores our continuous efforts to provide our multi-sector clients with modern technological solutions, which, ultimately, will strengthen our position both locally and regionally.”

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About MEPS

MEPS is an innovative regional payment services provider, offering secure POS and e-commerce payment gateway solutions, PCI and security services, as well as a comprehensive set of customized, value-added services that meet the growing demand for payment solutions throughout the region. Additionally, MEPS is a payment processor, card issuer and merchant acquirer of payment cards in Jordan, Palestine and Iraq.

www.mepspay.com

This press release has been distributed by Bidaya Corporate Communications on behalf of Middle East Payment Services (MEPS).

For more information or assistance, please contact us at:
Tel:  +962 6 585 4002/6
Fax:  +962 6 585 3001
P.O. Box:  930391, Amman 11193, Jordan
Email: media@bidayacorp.com

© Press Release 2018