CrediMax introduces prepaid credit card

This is a further addition to CrediMax's creative experience in providing innovative and high quality services that ensure security in conducting transactions by clients.

It is along this line that CrediMax endeavors to launch its new package of Prepaid cards with the aim of transforming customers to a new phase of free and secure usage of cards by predetermining the amounts to be spent through easily accessible and acquirable cards at any time and under no obligations.

With this new introduction, which is expected to achieve wider dissemination, CrediMax establishes a diversified, reliable and secured method of payment in the local market and reduces reliance on cash. It is supported by CrediMax's track record of experience and history in online payment.

A special feature of the new Prepaid card is that it can be adjusted to the requirement of the user, obtained without having to open an account and may be used immediately.

The card will be marketed at various denominations values for all categories of society and is available initially at CrediMax, BBK local branches and later, at Department Stores and Sale Centers in Bahrain.

It is acceptable at various points where credit cards are accepted inside and outside Bahrain.

Another feature of the prepaid card is that it is negotiable and may be presented as a gift in lieu of cash. Thus, it is of benefit to everyone under a social theme of "Obtain a special gift/recognition card" for best occasions from CrediMax. The card may also be paid in lieu of cash for daily spending.

Commenting on this announcement, CrediMax's Chief Executive, Mohammed Malik, said: "We are delighted to launch this new card. In CrediMax, we are committed to introduce state-of-the-art credit and online and electronic payments cards, as this will add return to the local market and provide diversified and trendy financial solutions for customers. Currently, we are in the process of exploring the latest trend in the credit card and online and electronic payment facilities, and we shall select what is more suitable for our clients and for Bahrain market."