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MENAFN Press - 29/05/2014
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(MENAFN Press) Amman, May 2014 - Middle East Payment Services (MEPS) - a leading, innovative payment services provider in the Levant - has participated as sliver sponsor at 'Cards & Payments Middle East 2014', the Middle East's largest smartcard, payments and ID event, which was held in Dubai, UAE. Drawing the participation of over 5,000 attendees and more than 200 exhibitors from across the region, 'Cards & Payments Middle East 2014' hosted approximately 100 VIPs from regional banks, 300 buyer meetings and 80 conference sessions.

During the first day of the event, MEPS Chairman Dr. Abdul Malik Jaber delivered a keynote speech on e-Commerce opportunities in the region, presenting statistics and trends, as well as discussed methods to reduce cash-on-delivery payments. Dr. Jaber also spoke about the MasterCard Internet Gateway Services (MIGS) which significantly facilitates e-Commerce processes, and touched on the payment ecosystem as a whole.

As part of its sponsorship, MEPS also exhibited a range of premium payment products and services at the event, which is considered the region's leading marketplace to emo, test and purchase the latest cutting-edge cards and payment solutions.

MEPS' involvement in the event was remarkably successful, both in terms of the extent of participation and the number of visitors to the Company's booth. Maha Al-Bahou, Executive Director of the Payment Systems and Banking Operations Department at the Central Bank of Jordan, as well as numerous executives from various banks, central banks and official entities interested in the payment industry visited the MEPS booth which showcased a lineup of cutting-edge products that were well received by the attendees.
"Our participation in 'Cards & Payments Middle East 2014' emphasizes our standing as a key player within the Arab World's e-payments market, and corresponds with the pioneering vision of MEPS' Board of Directors and partners. Having strategic partners such as Burgan Bank Kuwait, Burgan Bank Turkey, the Housing Bank for Trade and Finance, Jordan Islamic Bank and Jordan Ahli Bank, and others, also helps further cement MEPS' leading position among service providers across the Middle East and North Africa region," commented Dr. Jaber.

About MEPS
MEPS is an innovative regional payment services provider, offering secure e-commerce payment gateway solutions, PCI and security services, as well as a comprehensive set of customized, value-added services that meets the growing demand for payment solutions throughout the region. Additionally, MEPS is a payment processor, card issuer and merchant acquirer of payment cards in Jordan, Palestine and Iraq. www.mepspay.comThis press release has been distributed by Bidaya Corporate Communications on behalf of Middle East Payment Services (MEPS). For more information or assistance, please contact us at:Tel: 962 6 5692008/9Fax: 962 6 5692007P.O.Box: 930391, Amman 11193, JordanEmail: media@bidayacorp.comAbout MasterCard:MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities “ such as shopping, traveling, running a business and managing finances “ easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, @MasterCardMEA join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.Contacts:Sahira Ladha, sladha@golinharris.ae 971 4 332 3308



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