Bahrain Credit in collaboration with MasterCard Worldwide has launched a credit card program known as the Imtiaz MasterCard credit card in Bahrain, reported AME Info. Bahrain Credit, the brand name under which Bahrain Commercial Facilities Company B.S.C. (BCFC) conducts its lending business, has chosen to partner with Global Payment Services (GPS) of Bahrain, a third party payment processing provider in the region, to carry out transaction processing for it.
Imtiaz MasterCard cardholders will have access to over 29.4m MasterCard acceptance locations worldwide and over 1.5m ATMs. Bahrain Credit said that there would be no annual fees associated with the card program and the card comes with free purchase protection insurance from Chartis Takaful Enaya and a range of other benefits more commonly associated with a premium credit card.
Adel Hubail, deputy CEO of Bahrain Commercial Facilities Company, said: “We see the launch of the Imtiaz MasterCard card as both an exciting addition to our thriving lending business and an important strategic initiative that extends our franchise and draws on many of the strengths for which we have become well known.”
Tony Langley, VP of special projects at Bahrain Credit, said: “We have chosen to work with MasterCard because of their strong local and global presence. We look forward to introducing innovative and attractive card products to consumers in Bahrain, which will be backed by our trademark, fast and friendly service.”
Rajeev Kumar, VP and account manager at MasterCard Worldwide, said: “In line with our continued commitment to offer our customers innovative and distinct card programs, we are delighted to collaborate with Bahrain Credit in the launch of the Imtiaz MasterCard card.
“This card program has been created to meet the needs of the sophisticated and financially confident consumer in Bahrain, allowing cardholders to benefit from great lifestyle experiences and privileges when using use their MasterCard cards for shopping, dining, or travelling.”
