fbpx
  • About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Non Banking Mergers & Acquisitions

Abu Dhabi Islamic Bank and Visa align to foster UAE digital payment growth in 2022

Long-standing partnership between Visa and Adib aims to enhance the digital payment ecosystem in the UAE

Sunil Bolar by Sunil Bolar
June 24, 2022
in Mergers & Acquisitions, Digital, TGE World Podcast, The Global Economics
Reading Time: 2 mins read
0
Abu Dhabi Islamic Bank and Visa align to foster UAE digital payment growth in 2022

Abu Dhabi Islamic Bank and Visa align to foster UAE digital payment growth in 2022

29
SHARES
159
VIEWS
FacebookTwitterRedditWhatsAppLinkedInShare Link

Abu Dhabi Islamic Bank (ADIB), one of the UAEs leading financial institutions, announced that it has entered into an exclusive deal with Visa to enhance the growth of the digital payments sector in the UAE, by offering ADIB cardholders a variety of innovative and customer-focused solutions.

Visa has exclusivity over the entire card portfolio of Abu Dhabi Islamic Bank, including a range of premium products like Signature, Infinite, and Infinite Privilege. Under the new agreement, ADIB will align all covered credit and debit card portfolios to the network.

ADIB and Visa have worked closely for almost two decades, providing businesses and individuals with covered and debit cards. To facilitate e-commerce transactions with Visa, ADIB was one of the first banks in the UAE to introduce biometric authentication solutions.

Innovative experience with Visa

The new agreement between the two entities seeks to enhance growth of the digital payment system in the UAE, by offering innovative products and unique experiences which are designed to deliver value to the bank’s diverse customer portfolio.

ADIB Group CFO, Mohamed Abdelbary, commented on the partnership, and said that the bank was excited about the partnership which had been signed in an effort to continue delivering unique, seamless services with a superior user experience for its customers. He said that the partnership between the two companies will enhance the delivery of solutions to customers, at the same time creating unique payment offerings that would be unmatched in scale and value. He further added that enhancing digital payment capabilities and secure payment systems would continue to be a focus of the partnership.

Risk and data solutions

The partnership will witness both entities engaging to drive growth of digital payments with data-led solutions, and will use innovative platforms to deliver innovative products in the UAE market. The partnership with Visa will leverage Visa’s sponsorship assets, and drive cost reduction and operational efficiency using risk and data solutions devised by Visa.

Senior VP and Group Country Manager for Visa in the GCC Region, Dr Saeeda Jaffar, said that ADIB was a long-term partner, and the company was delighted to sign an exclusive partnership agreement with the bank. Dr Jaffar said that through the years, the company has worked in close alliance with ADIB to deliver exclusive products and programs to deliver seamless, rewarding and secure payment experiences to all cardholders of ADIB. Dr. Jaffar said the Visa would continue to remain committed to enhance the growth of digital payments in the region, by bringing innovative products to the market and ensuring customer-centric solutions that would benefit cardholders in the UAE.

Via: short URL
Tags: Adibdigital bankinguaeVisa
Sunil Bolar

Sunil Bolar

Sunil is a creative person who combines his love for writing with tech and business.

Related Posts

UEM Edgenta Paves the Way for Non-Clinical Tech Companies To Improve Healthcare Services
Exclusive Coverage

UEM Edgenta Paves the Way for Non-Clinical Tech Companies To Improve Healthcare Services

by The Global Economics
March 21, 2023
$17 Billion Debt Deemed Worthless by Credit Suisse, Leaves Bondholders Indignant
Commercial

$17 Billion Debt Deemed Worthless by Credit Suisse, Leaves Bondholders Indignant 

by Rahil Adnan
March 20, 2023
HSBC Acquires Silicon Valley Bank’s UK Unit For £1 Amidst Financial Turmoil 
Mergers & Acquisitions

HSBC Acquires Silicon Valley Bank’s UK Unit For £1 Amidst Financial Turmoil 

by Rahil Adnan
March 14, 2023
LSEG Targets Blackstone & Thomson Reuters Stake Buyback As Outlook Brightens
Mergers & Acquisitions

LSEG Targets Blackstone & Thomson Reuters Stake Buyback As Outlook Brightens

by Anuj Singh
March 3, 2023
HSBC Signals a Peak In Windfall Profits Amid Interest Rates Hike HSBC logo on a skyscraper | Image: Pixabay
Banking

HSBC Signals a Peak In Windfall Profits Amid Interest Rates Hike

by Anuj Singh
February 22, 2023
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn Soundcloud
The Global Economics

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

First Republic Shares Plummet Amid Liquidity Fears

First Republic Shares Plummet Amid Liquidity Fears

March 21, 2023
Sri Lanka: IMF approves $3 billion bailout for a crisis-stricken economy

Sri Lanka: IMF approves $3 billion bailout for a crisis-stricken economy

March 21, 2023
Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated

Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated

March 21, 2023
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version