For SME Clients,Emirates Islamic Lends Supports To Cash-Free With New Business Banking Debit Card

Others

For SME Clients,Emirates Islamic Lends Supports To Cash-Free With New Business Banking Debit Card

As part of its ongoing initiatives to sustain UAE businesses during the ongoing COVID-19 situation, Emirates Islamic, one of the leading Islamic banks in the UAE, is supplying Company Banking debit cards for free to qualified SME clients.

Emirates Islamic's Business Banking debit card supplies a different network to consumers seeking access to cash and sustains their recurring cash flow demands. SME clients will have accessibility to their accounts via the network of Emirates Islamic's Atm machines and also CDMs. The debit cards will certainly be issued cost free to eligible business banking customers, and in partnership with Visa, accepted at numerous areas worldwide for retail as well as on the internet purchases.

To allow secure payments on the move, the card can be added to mobile budgets such as Apple Pay, Samsung Pay and Google Pay. To protect customers even more, Emirates Islamic's Business Banking debit card also supplies guarantee and acquisition security for lost, damaged and swiped goods.

"We remain committed to supporting UAE SME businesses and also the economic situation during this hard time by developing cutting-edge products and services that resolve their difficulties while guaranteeing that consumer excellence remains at the heart of our recommendation," said Wasim Saifi, Deputy CEO at Emirates Islamic.

"Our Business Banking debit card provides SME clients, consisting of LLCs, a hassle-free method to handle their business expenses efficiently, giving them a smooth, digital choice to take out cash money," added Syed Ghazanfar Naqvi, Head of Business Banking at Emirates Islamic.

In 2019, Emirates Islamic was named 'Best SME Bank' at the Enterprise Agility Awards, presented by du, in recognition of its innovative and business-friendly suggestion for small and also average enterprises (SMEs), as well as its status as a liked bank for UAE nationwide entrepreneurs seeking Shari'a-compliant product or services for their organisations. Emirates Islamic currently supports the banking demands of greater than 46,000 UAE-based SMEs, and its Business Banking segment saw double-digit development in 2019.