Somali National News Agency
So
Ar
Search
  • Home
  • Local News
    Local NewsShow More
    Somali National Army defeats Khawarij in Bay and Bakool regions
    November 30, 2023
    Somalia Receives 25,000 Tons of Flood Aid from Russia
    November 30, 2023
    UN Security Council Committee visits Somalia to assess peacebuilding efforts
    November 30, 2023
    President Hassan Sheikh speaks on the situation of the floods in the country
    November 30, 2023
    Federal Government of Somalia’s Weekly Briefing
    November 29, 2023
  • World News
    World NewsShow More
    Respite for Gaza residents as truce extended
    November 28, 2023
    Calls to extend truce grow as captives released
    November 27, 2023
    Sierra Leone president said calm resorted, most leaders of barracks attack detained
    November 27, 2023
    Excerpts from the briefing by Foreign Ministry Spokeswoman Maria Zakharova, Moscow,
    November 27, 2023
    ‘I feel like I am in a dream’: Palestinian prisoner reunited with family
    November 26, 2023
  • Articles
    ArticlesShow More
    Somalia welcomes its membership as 8th member of the East Africa Community
    November 25, 2023
    Somalia Appoints High-Profile Envoy to Strengthen Diplomatic Ties with Kenya
    November 24, 2023
    Somalia’s Remarkable Year of Transformation: The Dawn of A New Era In Somalia
    November 18, 2023
    EAC membership will usher in a new era of hope, stability& prosperity for Somalia, bloc
    November 13, 2023
    Somalia Taps into China’s Agricultural Might to Overcome Longstanding Challenges
    October 26, 2023
  • Business
    BusinessShow More
    Collaboration of ICT transformation for digital Infrastructure
    October 24, 2023
    Mastercard Launches Classic and Platinum Debit Cards in Partnership with Amal Bank
    September 16, 2023
    U.S. jury finds Theranos founder Holmes guilty of fraud
    January 4, 2022
    AN ENVIRONMENTAL INITIATIVE OPENED IN MOGADISHU
    July 25, 2021
    WorldRemit Leads the Way Offering a USD Payout Option in Nigeria
    March 24, 2021
  • Sports
    SportsShow More
    Somalia set for two int’l friendlies ahead of WC qualifier clashes against Algeria and Uganda
    October 10, 2023
    Chicago woman, 104, skydives from plane, aiming for record as the world’s oldest skydiver
    October 3, 2023
    Wolves 2-1 Manchester City: City suffer first league defeat of season
    October 1, 2023
    Portugal hammer Luxembourg 9-0 in EURO quals to take their biggest win
    September 12, 2023
    Premier League hits and misses: Big-spending Chelsea still trail as Son, Haaland and Ferguson shine
    September 3, 2023
  • Tenders
    TendersShow More
    Tender: Administration and Social Building Complex at Mogadishu Port
    October 20, 2023
Reading: Mastercard Launches Classic and Platinum Debit Cards in Partnership with Amal Bank
Share
Aa
Somali National News AgencySomali National News Agency
  • SOMALI
  • ARABIC
Search
  • Home
  • Local News
  • World News
  • Articles
  • Business
  • Sports
  • Tenders
Follow US
©2023 || All rights reserved SONNA
Somali National News Agency > Blog > Business > Mastercard Launches Classic and Platinum Debit Cards in Partnership with Amal Bank
Business

Mastercard Launches Classic and Platinum Debit Cards in Partnership with Amal Bank

By Khadar Aweys September 16, 2023 3 Min Read
Share

Somalia, 12 September 2023: Mastercard is launching Classic and Platinum Debit Cards in partnership with Amal Bank, one of the largest banks in Somalia in terms of its branch network and customers. This partnership will grant consumers greater accessibility to Mastercard’s global services, and Amal Bank’s local availability and services.

As leaders in technology and payment services, Mastercard and Amal Bank’s joint offering will strengthen their value proposition for customers in Somalia. With the new joint Classic and Platinum Debit Cards, consumers will be able to make global transactions, enjoy the freedom of easier, safer, and more convenient banking services, and have greater access to the global marketplace.

“Our partnership with Mastercard is a proud moment not only for Amal Bank, but we know that it will also bring many Somalian consumers into the digital fold. This forms part of our strategy to serve both the banked and the underbanked within Somalia, offering them access to safer, easier, and more convenient payment offerings,” says Said Ali Shire, CEO of Amal Bank. “Get it at your local branch, and enjoy it globally.”

Available to Classic and Platinum Debit Card holders, the Amal Bank card can be used across POS (Point of Sale) and ATM (Automated Teller Machine) terminals in Somalia, when travelling outside of the country, and on eCommerce sites. To apply for an Amal Bank card, consumers can visit their nearest branch, along with proof of identity. Priceless services and experiences include airline, hotel and travel discounts and access to a suite of airport lounges are amongst the benefits for the Platinum Debit card holders.

The new suite of cards will include contactless payment, ensuring a fast and secure checkout experience, whilst also empowering consumers to choose how they want to pay.

“Mastercard is committed to driving financial inclusion and providing digital solutions that help customers make secure and seamless transactions. By providing consumers with access to safe and convenient payment solutions such as this, we believe that this partnership will help drive economic growth and improve the lives of millions of Somalians,” says Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard. “We are proud to collaborate with Amal Bank to enhance the drive to access financial services, enabling more people to enter the digital economy, and as a leader in the payments technology industry, we will continue to provide our customers with the best solutions and experiences,” adds Ali.

  • This will grant Amal Bank’s customers access to MasterCard’s global payment services, along with the bank’s enhanced service availability and convenience.
  • Customers will be able to leverage Mastercard’s global footprint and Amal Bank’s National footprint.

Source: MasterCard

Khadar Aweys September 12, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp Email Copy Link Print

MORE NEWS

Minister of Education Addresses UNESCO’s 42nd General Conference in France

CultureLocal News
November 9, 2023

Kenya’s small farmers find respite in avocados amid changing climate

NAIROBI(SONNA) As crop diseases and pests rise in Kenya amid a rapidly changing climate that…

March 11, 2023

Somali National Army defeats Khawarij in Bay and Bakool regions

The National Army conducts operations against the Khawarij in areas of Bay region Bay. The…

November 30, 2023

Nimcaan Hilaac appointed to lead Waberi National Band

Mogadishu (SONNA)-Minister of Information, Culture and Tourism of the Federal Republic of Somalia, H.E. Mohamed…

March 3, 2020

YOU MAY ALSO LIKE

Collaboration of ICT transformation for digital Infrastructure

Riyadh, (SONNA) - In collaboration with Hyundai Engineering & Construction (Hyundai E&C) and stc group, an engine of digital transformation,…

Business
October 24, 2023

U.S. jury finds Theranos founder Holmes guilty of fraud

SAN JOSE (SONNA) - A U.S. jury on Monday found Theranos founder Elizabeth Holmes guilty of defrauding investors in the…

BusinessNewsWorld News
January 4, 2022

AN ENVIRONMENTAL INITIATIVE OPENED IN MOGADISHU

A well-organized ceremony attended by various sections of the society and politicians to inaugurate a new center called “Eco-Hub Somalia,”…

Business
July 25, 2021

WorldRemit Leads the Way Offering a USD Payout Option in Nigeria

WorldRemit, a leading digital cross-border payments business has announced that its customers in Nigeria can now receive remittances in foreign…

BusinessNewsWorld News
March 24, 2021

Somali National News Agency established in 1964. It is one of the main pillars of the Ministry of Information, Culture, and Tourism.

  • Home
  • Local News
  • World News
  • Articles
  • Business
  • Sports
  • Tenders
  • SNTV
  • RADIO MOGADISHU
  • DALKA JOURNAL
  • TOURISM DEPARTMENT

Follow US: 

  • MoICT
  • VILLA SOMALIA
  • OPM SOMALIA

All rights reserved SONNA

©2023

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?