{"id":42027,"date":"2023-06-15T14:47:14","date_gmt":"2023-06-15T11:47:14","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=42027"},"modified":"2026-03-28T03:32:13","modified_gmt":"2026-03-28T00:32:13","slug":"mastercard-partners-with-bankiom-to-issue-virtual-prepaid-cards-across-gcc-region","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/mastercard-partners-with-bankiom-to-issue-virtual-prepaid-cards-across-gcc-region\/","title":{"rendered":"Mastercard partners with Bankiom to issue virtual prepaid cards across GCC region"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Riyadh, KSA; 15 June 2023:&nbsp;<\/strong>Mastercard is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman. This partnership marks a significant stride in Mastercard&#8217;s ongoing commitment to advancing digitalization in the payments landscape throughout the region.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAs we move into a more digital world, building productive synergies with multi-market, agile fintech partners such as Bankiom is crucial. The GCC alone has one of the world\u2019s highest rates of internet penetration at 98% of the region\u2019s population. Our partnership will help us leverage our innovative payment solutions to drive digital and financial inclusion across the region,\u201d said&nbsp;<strong>Amnah Ajmal, Executive Vice President Market Development, EEMEA, Mastercard<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cBankiom is a building a digital bank for that moment in your life where you want to live life to the max, and we\u2019re calling it&nbsp;<em>PuraVida<\/em>. Think of it as a subscription to the \u2018good life\u2019. Our mission is to spread happiness through financial services; so partnering with Mastercard, especially with their Priceless brand, was a no brainer for us. We both share the same mission and we both share the same passion to deliver amazing, memorable life experiences for our customers,\u201d&nbsp;said&nbsp;<strong>Danny Abla, Founder of Bankiom.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Launched in March 2022, Bankiom has more than 30,000 verified users and is growing at 20% per week, with a target to hit 1 million within three years. Bankiom, through PuraVida and in collaboration with Mastercard, is tapping into the evolving needs of a vibrant, tech-savvy generation and empowering them to live life to the fullest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh, KSA; 15 June 2023:&nbsp;Mastercard is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman. This partnership marks a significant stride in Mastercard&#8217;s ongoing commitment to advancing digitalization in the payments landscape throughout the region. \u201cAs we move into a more digital [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":30530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"1","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-42027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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