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AIB launches 5-multiple currency MYCARD

November 29, 2012
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Al-Baraka Islamic Bank in collaboration with Nonoo Exchange Company and MasterCard Worldwide announced the launch of his new prepaid card ” MYCARD “, which it’s the first global platinum MasterCard as it has 5 multiple currencies.

The new product for Al Baraka Islamic Bank ” MYCARD “, it’s the first of its kind in the Middle East and Africa, and can be used in five different currencies at the same time “US Dollars, Sterling pound, Euro, Emirates Dirham’s and Bahraini Dinars”.

The new card also provides a wide range of services and variety, where it is acceptable through 33 million outlets and 1.9 million ATMs in the world, wherever the MasterCard logo is applied. The card can be used to shop online, purchase in stores and or withdraw cash.

“We are proud of issuing “MYCARD”, which is the first card of its kind in the Middle East, enabling its valued holders to receive a wide spectrum of benefits and privileges different from those offered by other cards. This card is one of the most prestigious pre-paid cards in the world. It also provides distinctive services to companies and individuals,” Mohamed Al-Matawa, CEO of Al-Baraka Islamic Bank said.

“You can get ” MYCARD ” and recharge through all branches of Al Baraka Bank in addition to NEC branches scattered all over the Kingdom of Bahrain,” the CEO of Nonoo Exchange Company, Fouad Nonoo said.

“MYCARD is a new sophisticated product of its kind in the field of banking services, which will facilitate exchange on our customers.”

“MasterCard is a critical link for businesses and cardholders worldwide and this partnership with Al-Baraka Islamic Bank is an example of how MasterCard works with businesses to develop secure, convenient and rewarding payment solutions that add real value for cardholders,” Somu Roy, Vice President, MasterCard Worldwide said.

Tags: AIB
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