Visa to launch IT credit card in Saudi

31 May 2009

Visa, Microsoft, and Saudi-based Al Rajhi Bank have entered into a strategic agreement to provide financial solutions for small and medium enterprises that are adopting advanced technology into their business operations. Under the agreement, Al Rajhi will introduce a Visa-Microsoft 'Aamal' credit card, which will become the first Visa Microsoft co-branded credit card in Saudi Arabia. Saudi-based IT and communications solution provider Al-Falak Electronic Equipment & Supplies Co will provide the Microsoft programmes required for the new service.

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