VISA JOINS HANDS WITH BORDERFREE
Visa has announced a partnership with Borderfree, a market leader in international cross-border ecommerce solutions, to offer customers in the UAE, Saudi Arabia, Kuwait, Qatar, Bahrain and Jordan special promotions from retailers in the US.
Headquartered in New York City, Borderfree operates a technology and services platform that allows US retailers to transact with customers in more than 100 countries and territories and more than 60 currencies worldwide. Its customer portfolio includes some of the world's most iconic brands, including Bloomingdale's, Sears, Macy's, Gilt, Elie Tahari and Neiman Marcus, among others. Visa's partnership with Borderfree will commence with an exciting Neiman Marcus promotion which will be rolled out in select markets in the Middle East, including the UAE, Saudi Arabia, Kuwait, Qatar and Bahrain. Visa has partnered with almost 40 banks in the region to exclusively offer cardholders of participating banks duty-free and free international express shipping of goods purchased in excess of $100 (QR364) through August 20.