Jordan’s INVESTBANK has partnered with digital payment and banking technology provider i2c to enhance its credit card programmes.
As agreed, i2c’s plug-and-play platform will power credit issuing and acquiring capabilities for the bank.
The move will enable INVESTBANK new credit card programmes for personal banking clients as well as manage commercial credit card programmes across the region.
The customers will gain access to digital account management, virtual cards and contactless payments.
Additionally, INVESTBANK will be able to run loyalty programmes.
The lender will also work with i2c to launch a cloud-based POS acquiring programme for business clients.
i2c MEA region general manager Aurangzaib Khan said: “We are excited to partner with INVESTBANK and support their commitment to delivering modern banking experiences to their clients.
“Initiatives like theirs are pioneering the digital-first revolution in the Middle East and are a great example of the types of innovations that are possible through fintech collaboration.”
INVESTBANK Jordan CEO Muntaser Dawwas said: “By partnering with i2c we are able to offer disruptive features to meet our clients’ modern-day needs, through a next-gen platform that is flexible enough for us to continue prioritising our world-renowned personalised approach to banking.
“Additionally, i2c’s flexible tech stack offers us a reliable foundation to provide safe and high-performance payments products to a market that is ready for these innovations.”
Earlier this year, i2c inked a series of credit card processing partnerships.