Emirates Islamic offers Business Banking debit card for SMEs

Source: IBS Intelligence 2020-06-16

Emirates Islamic announced that it is providing Business Banking debit cards without any charges to eligible SME clients, as part of its ongoing efforts to support UAE businesses amid COVID-19 times. The debit card offers an alternative channel to customers seeking access to cash. It supports the ongoing cash flow requirements of the customers.

The Dubai-based bank has been active in its fight against the pandemic. In May, the financial institution announced free international money transfers until August 11.

“We remain committed to supporting UAE SME businesses and the economy during this difficult time by developing innovative products and services that address their challenges while ensuring that customer excellence remains at the heart of our proposition,” said Wasim Saifi, Deputy CEO at Emirates Islamic.

SME clients will have access to their accounts through the network of Emirates Islamic’s ATMs and CDMs. In partnership with Visa, the debit cards accepted at millions of locations worldwide for retail and online purchases.

“Our Business Banking debit card offers SME clients, including LLCs, a convenient way to manage their business expenses efficiently, providing them a seamless, digital alternative to withdraw cash,” added Syed Ghazanfar Naqvi, Head of Business Banking at Emirates Islamic.

To enable secure payments on the go, the card can be added to mobile wallets such as Apple Pay, Samsung Pay and Google Pay. To protect clients further, Emirates Islamic’s Business Banking debit card also offers warranty and purchase protection for lost, damaged and stolen goods.

Emirates Islamic offers Business Banking debit card for SMEs

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