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Mashreq Bank launches its "Mashreq Rewards" in partnership with Fawry
(MENAFN- Innovation Group) Mashreq Bank introduces its “Mashreq Rewards” program in cooperation with Fawry. The program boasts of a unique proposition of instant redemption through “pay with Rewards” feature. This distinguished program rewards customer with purchases on their Mashreq debit cards or credit cards.
Sachin Das, Head of Retail Banking at Mashreq Bank, said: "Our goal is to provide customers innovative solutions that have an added value and promote customer convenience. “Mashreq Rewards” gives highest rewards points of up to 2% on each purchase. Our partnership with "Fawry" will benefit our customers with unique proposition that allows for rewards points redemption at various outlets with instant redemption through digital platform. Mashreq Rewards can be used to redeem at partnering outlets such as Amer Group , Tseppas MG, B.Tech and Spinneys; apart from utility bills payments and cash vouchers across Fawry outlets plus that will be launched soon.
Amr Al-Bahey, CEO of Mashreq bank-Egypt, announced: "The bank places customer satisfaction at the top of its priorities. Through its integrated “Mashreq Rewards” program, Mashreq aims to ensure its customer’s loyalty and to reach new customers. This comes in accordance with the country’s strategy to xachieve financial inclusion. Mashreq provides a unique banking experience by increasing its market share of technologically advanced cards. This will guarantee higher rates of cards utilization to reach a less dependent community on cash”.
Mohammed Okasha - Managing Director of Fawry, said that this joint initiative with Mashreq is another instance of Fawry working closely within the financial sector to provide solutions that benefits customers. This unique solution from Fawry will provide a digital platform for rewards and facilitate instant redemption. This solution facilitates payment of utility bills and cash vouchers across 350 service outlets apart from the redemption in the partnering retail outlets.
It worth mentioning that Mashreq Bank is one of the leading banks in the UAE and headquartered in Dubai.
It has presence in the Arab Gulf States, America, Europe, Asia and Africa. The bank continue to invest and form new partnerships to expand its digital solutions to its customers giving this its top priority.
Noting that "Fawry" is a pioneering Electronic Payment Network, offering financial services to consumers and businesses through more than 100 thousand locations and a variety of channels. It is located in Cairo, Egypt.
Sachin Das, Head of Retail Banking at Mashreq Bank, said: "Our goal is to provide customers innovative solutions that have an added value and promote customer convenience. “Mashreq Rewards” gives highest rewards points of up to 2% on each purchase. Our partnership with "Fawry" will benefit our customers with unique proposition that allows for rewards points redemption at various outlets with instant redemption through digital platform. Mashreq Rewards can be used to redeem at partnering outlets such as Amer Group , Tseppas MG, B.Tech and Spinneys; apart from utility bills payments and cash vouchers across Fawry outlets plus that will be launched soon.
Amr Al-Bahey, CEO of Mashreq bank-Egypt, announced: "The bank places customer satisfaction at the top of its priorities. Through its integrated “Mashreq Rewards” program, Mashreq aims to ensure its customer’s loyalty and to reach new customers. This comes in accordance with the country’s strategy to xachieve financial inclusion. Mashreq provides a unique banking experience by increasing its market share of technologically advanced cards. This will guarantee higher rates of cards utilization to reach a less dependent community on cash”.
Mohammed Okasha - Managing Director of Fawry, said that this joint initiative with Mashreq is another instance of Fawry working closely within the financial sector to provide solutions that benefits customers. This unique solution from Fawry will provide a digital platform for rewards and facilitate instant redemption. This solution facilitates payment of utility bills and cash vouchers across 350 service outlets apart from the redemption in the partnering retail outlets.
It worth mentioning that Mashreq Bank is one of the leading banks in the UAE and headquartered in Dubai.
It has presence in the Arab Gulf States, America, Europe, Asia and Africa. The bank continue to invest and form new partnerships to expand its digital solutions to its customers giving this its top priority.
Noting that "Fawry" is a pioneering Electronic Payment Network, offering financial services to consumers and businesses through more than 100 thousand locations and a variety of channels. It is located in Cairo, Egypt.
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