Palestine’s Quds Bank, MasterCard and Middle East Payment Services (MEPS) the have announced the launch of a range of debit, credit and prepaid cards.

The Quds Bank MasterCard will offer access to airport lounges and insurance coverage including fraud protection.

Akram AbdulLatif, chairman of Quds Bank, said: "The launch of the diverse suite of card solutions is in line with our commitment to offer secure, innovative and rewarding payment tools that complement the evolving lifestyle and preferences of our customers."

"We are confident that our collaboration with MasterCard and MEPS will lead to the introduction of unique payment solutions that will continue to offer value added benefits, unmatched privileges and rewards to our valued customers"

MasterCard and MEPS signed a deal last year to extend MasterCard’s global payments network at merchant locations, ATMs, and on e-commerce channels across the region.

Quds Bank, which says it is Palestine’s second largest bank, has 23 branches and is planning to open a further 3 in 2014.

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