Rasheed Bank Launches MasterCard Card with “Unique Features”

Baghdad: Al Furat News} Rasheed Bank has launched Nakheel Card Mastercard for government employees with unique features in cooperation with the Iraqi eGovernment Portal for Financial Services {SWIG} and MasterCard Worldwide.

“The Nakheel card is a new product that provides employees with an unprecedented level of electronic payment solutions to translate and implement the vision of the Central Bank of Iraq to achieve financial coverage in Iraq,” the bank said in a statement.

He added that “the card avoids the use of cash money {cash} in all transactions financial where the card can be used in Iraq and around the world for shopping from shops and payment of services through points of sale POS, ATM cash withdrawals, and online shopping from And the applications that accept MasterCard. The employee can also issue MasterCard cards to his family members and pack them from his account or from the bank’s branches or competitors. ”

“The cardholder also enjoys electronic features through the Suij application and platform, including tracking the balance of the account and the current financial transactions on the account simultaneously, and can transfer money from card to card, pay bills, recharge the phone directly and others.”

He called on the Director General of Rashid Bank Rashad Khudair single “all departments and ministries to accelerate the settlement of salaries of employees and their access to the card so that the bank grants them advances and loans,” pointing out that “the card helps the citizen to save and protect the circulation of counterfeit currency and damaged and retain salaries from thefts that may be exposed During transport “.

“This step comes within the objectives of the company to serve the Iraqi banks. The first project was represented by Al-Rasheed Bank as a factor of confidence for the Iraqi employee and the spread of the bank in all parts of Iraq, which contributes to accelerating the spread of banking services and laying the foundations Integration of electronic payment services from the issuance and acceptance of payment cards at ATMs and point of sale machines as well as payment service.

He pointed out that “SWITCH” is currently working on the development of electronic payment solutions and solutions, including the provision of POS devices for shops and services and provide electronic payment gateway for electronic commerce and many services aimed at enabling enterprises, companies, traders and entertainment facilities and services To provide comprehensive, sophisticated and intelligent services to its customers and enable them electronically. ”

Article Credit: https://alforatnews.com
Special Thanks Charles Bright!!