National Pay, Noor Bank tie up

Dubai - DubaiCard and Smart Issuance Kiosks are showcased at Gitex Technology Week.

Dubai based National Pay, in collaboration with Tuxedo MoneySolutions, have partnered with Noor Bank to offer the world's first instantly issued and activated prepaid cards, to the UAE publicfollowing a successful industry launch earlier this year.

The MasterCard branded prepaid DubaiCard(s) will be initiallyavailable to residents to Dubai from self-service Smart Issuance Kiosks operated by National Pay, located in over 200 convenient locations across shopping malls, public transport locations,government departments and offices across Dubai.

Funds are loaded on to the DubaiCard whilst it is simultaneously personalised and activated - all from the kiosk. DubaiCard(s) are dispensed from the Smart Issuance Kiosk within minutes for instant use in over 37 million locations and 2.1 million ATM's worldwide where MasterCard is accepted.

Dr Anas Barbouti, managing director, National Pay, said: "We aredelighted to bring DubaiCard to UAE residents and visitors with NoorBank, and are honoured to benefit from their success and vision for the UAE prepaid market."

DubaiCard and Smart Issuance Kiosks are showcased at Gitex Technology Week.

Ehsaan Ahmed, head of GTS and Corporate Strategy, Noor Bank said: "TheDubaiCard will be the world's first and Noor Bank's partnership with National Pay and Tuxedo Money Solutions underlines our commitment tobe at the fore front of innovative transaction banking services. It isfitting that in this, the UAE Year of Innovation, Noor Bank once again 'Gets It Done' by pioneering a new banking solution that offers peoplea useful, convenient and safe alternative to good old fashioned cash."

Eugene Eckard, regional director Middle East, Tuxedo Money Solutions,said: "Tuxedo have been working in partnership with National Pay for the last year on this truly ground breaking programme. We believe that Smart Issuance technology will revolutionise prepaid card issuance incollaboration with innovative banking partners such as Noor Bank."
sandhya@khaleejtimes.com