Emirates Islamic, a leading Islamic financial institution in the UAE, has entered into a long term strategic partnership with Mastercard to offer credit cards to the bank’s corporate banking clients.
Developed in partnership with Mastercard on the back of a long-term, strategic partnership, the corporate cards will address the growing need among UAE businesses for a customised, flexible and secure digital payment solution to manage employees’ travel, entertainment and procurement expenses.
The cards will offer the bank’s corporate clients better control and visibility over employees’ expenses via a centralised transaction and expense monitoring and management system. Businesses will be able to set spending limits, alerts and controls on employee spend and receive consolidated statements per units or corporate entity, for easier management.
In addition, the cards will enable businesses to offer their senior executives enhanced benefits such as airport lounge access, insurance against baggage loss, damage or trip cancellation and