ahlibank, an Oman-based banking institution providing a full range of products and services which include corporate banking, retail banking, international banking and more has collaborated with Visa, a pioneer in digital payments to launch Business Debit Card to serve its SME and Corporate clients.
Hana Al Kharusi, General Manager of Corporate Banking, ahlibank, commented, “This partnership will augment our ongoing initiatives targeting the corporate and SME sector. It will instil an element of financial confidence in the sector, while demonstrating our intent to assist and support our customers with relevant financial interventions. We have, over the years, established our commitment to serve our business clients with viable products and services, and this partnership will corroborate our endeavours to foster and facilitate sustainable growth with an enhanced portfolio of banking solutions.”
Corporate and SME sector will have endless access to the company’s account, with easy-to-use payment options and higher spending limits after the launch of new Visa debit card. It will enable speedy transactions and encourage Corporate and SME sector to do business without having any financial mismanagement or delays that is generally added with the direct handling of cash. Account holders will also be able to separate company and personal spendings and experience transparency in their business operations.
Manish Gautam, Country Manager, Visa, Oman, stated, “For SMEs and corporates in Oman to thrive, it is critical that important elements of doing business, such as expense management are managed with efficiency and transparency to avoid mismanagement, fraud and other errors, which are often costly. We are therefore delighted to partner with ahlibank to introduce a Business Debit Card targeting the Corporate & SME sector in the country; it will equip them with the requisite tools necessary for growth. This new Visa business debit card supports the Oman government’s digitization efforts and reflects our committed to extending the benefits of digital commerce to more businesses in the country.”
