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National Bank of Abu Dhabi to issue Prepaid Visa cards.

Byline: (Staff Writer)

National Bank of Abu Dhabi's (NBAD) new card aims to be a safe and efficient alternative to carrying cash and is a pre-funded Visa Electron card that can be used at both point of sale in the UAE and abroad as well as at ATMs featuring the Visa logo. This general purpose payment vehicle 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.<p>"Our new Prepaid Visa Card gives consumers both flexibility and convenience while ensuring that they never exceed the amount loaded on the card," said Mr. Farman Ali, Senior Manager of NBAD's Cards Centre.<p>The NBAD prepaid card is available from all NBAD branches or designated merchant outlets and can be obtained instantly by simply completing an application form and loading funds onto the card. The card can be uploaded at any NBAD branch or cash deposit machine 24 hours a day.<p>"Our investments in innovation reflect our commitment to give more people better access to different types of electronic payments. The new NBAD Prepaid card will provide a wider range of consumers with the convenience, flexibility and security of using a Visa card," said Norliza Kassim, Head of Regional Marketing for the Middle East and North Africa.<p>The NBAD prepaid card has a minimum load amount of AED 100 and a maximum of AED 5,000. Balance enquiries can be made via NBAD ATMs and branches as well as online.<p>2008 CPI Financial. All rights reserved.

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Publication:CPI Financial
Date:Dec 24, 2008
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