Arab Bank launches Titanium MasterCard EMV chip card

Press release

Published May 2nd, 2011 - 12:35 GMT

Al Bawaba

MasterCard Worldwide, together with Arab Bank, announced today the launch of the Titanium MasterCard smart credit card program. The card program boasts a host of exclusive benefits and services to complement the lifestyle needs of the modern Jordanian consumer. It is designed to align with Arab Bank’s strategy of offering the best banking products to its customers.

The Arab Bank Titanium MasterCard card features an EMV M/Chip 4 microchip, which is embedded in the front of the card. The chip provides enhanced security features and is compatible with the latest technology in chip, which can be used in numerous markets worldwide.

“At Arab Bank, we strive to deliver world class services and provide our customers with the most innovative and advanced banking products,” said Muntaser Dawwas, head of Consumer Banking at Arab Bank. “Launching a Titanium MasterCard card, allows us to cater to the evolving needs of our customers. We are delighted to launch this card program together with MasterCard and offer our premium customers an exclusive array of exceptional travel and lifestyle experiences, as well as enhanced security.”

“As cardholders in Jordan look for more benefits that are tailored to their lifestyle needs, we are delighted to bring to them a wide variety of privileges from travel and retail to wellness through the Arab Bank Titanium MasterCard card,” said Basel Eltell, vice president and regional manager, Levant, MasterCard Worldwide. “As pioneers in chip-based payment solutions and in line with our commitment to the affluent consumer segment, we are committed to working with our customers and are proud of our collaboration with Arab Bank. The Arab Bank Titanium MasterCard card provides cardholders with exclusive rewards and incentives specifically tailored to cardholder’s needs and interests."

Arab Bank Titanium MasterCard cardholders are set to benefit from exclusive privileges*, including access to luxury travel offers, airport lounge access, extended warranty coverage and free valet parking service at select locations. Additional benefits include; the ability to view statements through Arabi Online and gain access to an Easy Payment Plan, Credit Shield Insurance and a free SMS alert service to name a few.

Background Information

Arab Bank

Arab Bank headquartered in Amman, Jordan has one of the largest global Arab banking networks with over 600 branches spanning five continents. Arab Bank provides a wide range of financial products and services for individuals, corporations and other financial institutions. The Bank’s products and services cover Consumer Banking, Corporate and Institutional Banking and Treasury services. Arab Bank’s extensive network covers key financial markets and centers such as London, Dubai, Singapore, Geneva, Paris, Frankfurt, Sydney and Bahrain. Arab Bank has the following sister company, subsidiaries and affiliates companies:

Company Profile

MasterCard

Electronic payments have the ability to create a world with greater opportunities for all. To take us beyond borders, to new markets. Beyond mere moments, to meaningful experiences. That's the power of a World Beyond Cash®. And that's Priceless®.