Al Masraf signs up with Network International for card issuing package

The contract will cover end-to-end card processing services, enabling Al Masraf to issue credit cards to its customers.

'Network International is committed to providing the latest technology and seamlessly integrated services to its customers across the region,' said Abdulla Qassem, Chairman, Network International. 'Our teams are looking forward to working with Al Masraf to provide an end-to-end solution that will enable the client to service its customers effectively.'

Commenting on the deal, Ibrahim Nasser Rashid Lootah, General Manager & Member of Board of Directors, Al Masraf, said: 'The choice of Network International was a natural one as they are definitely the leaders in the industry, both in terms of technology, capacity to undertake big contracts as well as quality of service. I am sure our work together will add great value to our customer offerings.'

The contract will see Network International assist Al Masraf in card scheme certification and will undertake processing of customer card applications, card embossing and personalization, pin generation, card authorization, card-holder statements and payment reconciliations.