The National Bank of Bahrain (NBB) has launched its new Taabeya’a (refill) MasterCard for its saving or current account customers.
The NBB MasterCard Taabeya functions like a pre-paid card and can be used at ATMs and establishments that accept MasterCard in Bahrain as well as worldwide.
The bank claims that its newly launched card offers enhanced security since most transactions will be PIN based and compliant with EMV standards.
In addition to a nominal one-time fee of BHD2 (approximately $5), the bank said it will not charge any annual membership or renewal fees.
Commenting on the launch of the Taabeya MasterCard, NBB domestic banking group general manager Abdul Aziz Al Ahmed, said, "We are very happy to provide our customers with this new version of the Taabeya’a card which gives them flexibility, ease of usage and control in their purchasing ability.
"The new Taabeya’a MasterCard not only provides our customers with the convenience of cash less transactions but also better control on their spending habits without the hassle of constantly trying to monitor their expenses."
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By GlobalData