Friday, July 9, 2010

Visa's Transactions Up 19.4% in Gulf Region






Visa sees Gulf transactions up 19pc

Manama: 4 hours and 16minutes ago





Visa has reported a growth of 19.4 per cent in payment transactions across the GCC in the first quarter of the year. The increase in transaction growth followed a successful year for Visa in terms of extending its debit business in the region.  The payment solutions provider formed a number of key debit partnerships with leading GCC-based banks last year which aimed to improve the card payment experience for cardholders, by providing increased debit card capabilities and convenience.  Visa's successful debit signings for this year include deals with Bahrain Islamic Bank, ADIB, NBD, HSBC, Dubai Islamic Bank, Doha Bank, NBK and KFH Kuwait. As part of the partnerships, Visa will support all eight banks to develop their debit portfolios and enhance customer experiences by increasing usage capabilities.  read more>>


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