The Saudi British Bank (SABB) has launched a new Visa debit card for all new and existing customers to offer them wider access to purchasing options and cash withdrawal.
The lender said that the new card can be used to pay directly for goods and services at millions of retail outlets across Saudi Arabia and globally.
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In addition, the new Visa debit cardholders can withdraw cash at over 10,000 ATMs in the country, as well as over 1,000,000 ATMs across the world.
In addition, the card will be brining online purchases capability in near future, which makes it easier to conduct e-commerce transactions as well as hotel reservations and car rentals.
Visa general manager for Middle East and North Africa Ihab Ayoub said that the firm is proud to partner with SABB on this debit card agreement, which is a milestone in the technology based banking industry in Saudi Arabia.
SABB retail banking and wealth management general manager Majed Najm commented, "We are determined to continue with this strategy to offer a more convenient everyday banking to our customers, and to maintain our pioneering position in the market."
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By GlobalData
