Mashreq scoops a double at Smart Cards & Payments awards

Dubai, UAE, July 10, 2016:  Mashreq, one of the leading banks in the UAE, was recognized recently for its commitment to banking excellence, as it won awards for ‘Best Credit Card’ and ‘Most Improved Payment Card’ at the 2016 Card & Payments Middle East awards. 

Mashreq was awarded ‘Best Credit Card’ for its Etisalat Signature Card. The card uses a rewards proposition that allows customers to minimize their monthly expenditure on Etisalat services such as talk-time, data, broadband and direct-to-home subscriptions.

Mashreq was also awarded ‘Most Improved Payment Card’ for its Platinum Elite Portraits Card, which gives customers the ability to personalize their payment card by utilizing the banks’ unique online platform customers to  upload a photo from their cell phone and receive a credit card with the same photo on the front. 

Pankaj Kundra, Regional Head of Payments at Mashreq, said: “Since their launch, these two cards have proven to be tremendously popular with our customers and reflect their evolving trends and habits. As such, we will continue to strengthen Mashreq’s offerings, by continuing to develop innovative and unique products which help to meet these needs. Our goal has always been to provide the best possible service and products to all of our customers - and these awards are a testament to our efforts.”

The awards took place as part of the Cards and Payments Middle East 2016 conference and exhibition, which brought together smart card, payments and identification experts from all Asia and the Middle East. The event saw over 10,000 attendees, including more than 1,000 C-Suite executives from 1,200 companies and 75 countries, who highlighted how consumers and businesses are managing, spending and borrowing money.