Alinma Bank Signs on Japan’s JCB Cards for Acceptance in Saudiby Fintechnews Middle East 10. November 2020
Alinma Bank has partnered with Japanese credit card company JCB International Co., Ltd. (JCBI) to enable the acceptance of JCB Cards through its POS and ATM network devices deployed in Saudi.
The expansion is in line with the Kingdom’s strategic vision to promote both a cashless society and financial inclusion as part of Vision 2030.
The partnership is also a continuation of JCB’s plan for entering the market in the Kingdom of Saudi Arabia, a destination of ever-increasing importance for its cardholders around the world for both business and tourism.
The partnership will give added convenience to JCB cardholders from the Islamic world, who frequently travel to Saudi Arabia for religious tourism.
H.E. Mr. Abdulmohsen Al-Fares, CEO of Alinma Bank said,
“We at Alinma Bank are so pleased to partner with JCB, whose reputation for the quality and reliability of their services precedes them. Through this agreement, Alinma will deepen its commitment to continually enhancing its service offerings for its partners (customers).
Furthermore, this partnership will help Alinma support the kingdom’s ongoing progress toward the realization of Vision 2030, as well as the enablement of daily life and business activities of those who visit the kingdom each year.”
Featured image credit: Screengrab from Youtube