UAE-based, Union National Bank (UNB) has launched a co-branded prepaid gift card in partnership with Visa, Nakheel Retail Shopping Malls and Global Processing Services, in the MENA region – reported AME info.
UNB has said that this card ensures that cardholders are in control of finances and spending at all times and is ideal for those without a bank account as well as visitors from overseas, reported the newspaper. The prepaid card is suitable not only for holiday shopping but also for other lifetime events such as birthdays, weddings and graduation. They can also be used as a company reward and incentive or alternatively for those not eligible for credit or debit cards.
Hisham El- Kafrawy, SVP & head of RBG at UNB, said: We are pleased to announce a strategic tie up with Visa International and Ibn Battuta Mall and offer this unique card to all Ibn Battuta Mall shoppers. Our new Prepaid Visa Card is a great addition to our card line-up as it gives consumers added benefits, flexibility and convenience while ensuring that they never exceed the amount loaded on the card.
According to the newspaper, Bernice Boshoff, general manager, Ibn Battuta Mall, Nakheel Retail Shopping Malls, commented: With wedding season in full swing, and Eid just around the corner, gift cards are the ideal gift solution. The gift cards can be used at a wide range of retailers providing our customers with a convenient, flexible shopping experience.
