The unique payment solution for small and large businesses is designed to streamline corporate purchases, increase savings and simplify operations
Amman, Jordan, 5 October, 2015 – In response to accelerating business growth in Jordan, Visa Inc. (NYSE:V), a global payments technology company, has launched a unique corporate product in the Kingdom – the Visa Signature Business Card – that is designed to enhance operations by streamlining business purchases.
The new product from Visa, which was launched at a partner workshop in Jordan, is mainly targeted at business owners and SMEs, although the card is also used widely by large corporations around the world.
Besides the universal acceptance of the Visa brand, Visa Signature Business offers exclusive savings, easy-to-use reporting tools for managing expenses, as well as a host of different business-focused perks and privileges on everyday corporate purchases.
In addition, cardholders can also enjoy access to entertainment, travel and 24/7 concierge services, making it the perfect payment solution across diverse industries. By choosing to manage expenses using the Visa network, business owners can also enjoy the freedom and convenience of secure electronic payments, and reduce the heavy cost of managing cash.
Speaking at the workshop, Saleem Sawalha, Country Manager of Visa Jordan, said: “Visa is consistently investing our efforts in to transforming Jordan in to an efficient, cashless society, and the Visa Signature Business card brings great value in this respect. We work with financial clients and merchant partners to customise our offerings according to their requirements.
“This product is relevant for start-ups, and even established firms that are trying to increase efficiencies. It offers the things that matter the most for a business, including expense management and reporting tools enabled with immediate turnaround times, which makes it phenomenally easier to track when and where the money is going, and how to budget for contingencies.
“Visa Signature Business also comes with security and convenience benefits like purchase security, roadside and emergency assistance, travel accident insurance, and other essential services, which are Visa’s ways of ensuring that cardholders are protected at all times. Ultimately Visa’s goal is to be the best way to pay and get paid.”
Dr. Adli Qandah, Director General of the Association of Banks in Jordan, who was present at the Visa workshop, said: “We laud Visa’s initiatives to bring progressive payment solutions to the Kingdom of Jordan. Improving the business landscape is a top priority for the nation, and the banking community is especially interested in providing customised offerings to business owners in order to achieve this goal. I am confident that the Visa Signature Business will deliver to this need and be well-received by businesses here.”
Visa is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 56,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit visamiddleeast.com, visanewsmena.tumblr.com, or @Visamiddleeast.