In keeping with its ongoing efforts to deliver a rich range of elevated shopping experiences that cater to the demands and preferences of Saudi consumers, Mastercard has signed a strategic agreement with resal: the Kingdom’s leading prepaid cards, gift cards, rewards and loyalty platform.
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Underlining both entities’ commitment to empowering consumers with greater choice, more convenience and flexibility when shopping and completing financial transactions, the partnership is fully-geared towards accelerating the digital transformation of the Saudi financial services sector.
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The agreement will see Mastercard work closely with resal to offer citizens and residents across the Kingdom with seamless, straightforward access to rewarding shopping experiences enriched by exclusive benefits and deals.
“We live in an age in which consumers prioritize convenience, choice and peace of mind,” said Hatem Kameli, Co-founder and CEO, resal. “At resal, we take great pride in empowering shoppers all over the country to do just that; with our platform — powered by advanced technologies — enabling users to take full advantage of a wide selection of incentives, loyalty and rewards programs, prepaid cards, and gift cards; all on one integrated digital wallet.”
“Mastercard is committed to providing innovative payment solutions that enrich individuals’ payment experiences,” said Maria Medvedeva, Country Business Manager and Vice President – Saudi Arabia and Bahrain, Mastercard. “Our objective is to connect communities we serve to secure digital shopping solutions, exclusive offers, and promotions — novel experiences that enrich shoppers’ lives
About resal
resal is the leading — and largest — prepaid cards, gift cards, rewards and loyalty platform in Saudi Arabia. The platform provides end-to-end solutions for issuing, managing, and distributing prepaid digital cards. It supports brands and merchants to issue and distribute prepaid cards through its advanced network, enhancing consumers’ shopping experiences with access to 600+ leading local and international brands.
About Mastercard
Mastercard is a global technology company in the payments industry. It’s mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential.
