FAB, Lucky Egypt, Visa sign cooperation protocol

ArabFinance: Lucky Egypt, the leading offers platform in Egypt and the Middle East, announced the signing of a tripartite cooperation protocol with the First Abu Dhabi Bank and Visa, the world leader in digital payments, to launch the “FAB – Lucky Visa Platinum Credit Card”, according to the company’s emailed statement.

The tripartite partnership is the first of its kind in the Egyptian market in digital payments.

The protocol comes within the framework of the three parties’ keenness to provide a set of unique solutions and services that suit all the needs of their customers.

The FAB – Lucky Platinum Credit Card provides customers with the highest “cash back” percentage on purchases in Egypt, up to 10%.

The Lucky application also provides the ability to view the “cash back” balance and discount rates, in addition to providing various payment methods, whether by transferring the balance to the Lucky wallet, direct deposit with First Abu Dhabi Bank, or through other diverse payment methods offered by the bank.

“Lucky is proud to offer its customers real value and a unique buying experience that can be summed up in 3 key points: First, the ease and speed of using the Lucky application, which gives customers great flexibility in credit card services, whether as purchase transactions or exclusive benefits. Second, providing the highest “cash back” percentage enjoyed by any credit card in Egypt, and third, providing attractive financing facilities, including the possibility of installments and the provision of promotional offers without interest, in addition to the other advantages of the Visa Platinum cards,” Ayman Essawy, Co-founder and General Manager of Lucky Egypt app, said.

It is worth noting that the initial approval was obtained from the Central Bank of Egypt and the credit card will be launched after getting the Central Bank of Egypt’s final approval.

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Source link : https://www.zawya.com/mena/en/story/FAB_Lucky_Egypt_Visa_sign_cooperation_protocol-SNG_263985268/

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Publish date : 2021-11-25 10:30:51

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