KFH named ‘Market Leader in Prepaid Cards’
KUWAIT CITY, Dec 19: Kuwait Finance House (KFH) receives the Market Leader Award for Visa Prepaid Cards in Kuwait from Visa in appreciation of its distinguished efforts in banking cards, thus increasing the number of prepaid visa cards issued in Kuwait. KFH has occupied the leading position among major banks in Kuwait.
These achievements reiterate KFH leadership and supremacy in promoting banking cards and high quality services. This year award comes to reiterate and reconfirm KFH leadership and outstanding position in the market following KFH receiving an earlier award for the highest number of Visa cards and crossing 1 million mark in Kuwait.
Mazen Saad Al-Nahedh – GCEO – KFH emphasized, while receiving the award in the presence of the General Manager - Visa Middle East and North Africa Ihab Ayoub and KFH and Visa officials, that receiving the “Market Leader Award” in Visa Prepaid Cards in Kuwait reiterates and confirms KFH success and efficiency in banking cards market.
KFH enjoys high confidence and leadership in the market in addition to high quality products which have enabled it to achieve growth in cards market and increase the number of customers. He indicated that KFH occupies the leading position as the issuer of banking cards and one of leading banks at the GCC level.
Al-Nahedh added “this award confirms that KFH has dominated the largest market share through its high professional performance, thus indicating that the policy applied in introducing new products is based on thorough studies and focused market analysis aiming to achieve customer satisfaction and build confidence and diversification to face competition.”
Al-Nahedh indicated that Prepaid Cards enjoy unique and distinguished advantages, thus granting cardholders remarkable discounts and shopping offers in vital and sundry locations in Kuwait or worldwide. Cards are characterized for their unique design and highest levels of security as per international standards based on 3D secure system. Cards are operated in cooperation with wide spread electronic banking services networking round the clock. Through this net cards can be easily controlled and operated to provide various and multiple services to customers. Al-Khair Card has participated in providing an opportunity to perform pilgrimage and Omra for about 2000 till now. Also, there is the Family Card which organizes family expenses through the safe usage of cards for all family members.
Al-Nahedh reiterated KFH keenness to continue supporting its products and benefit from modern technology to fulfill customers’ needs and requirements, endeavor to achieve an added value to customers and reinforce its leading position as the leading Islamic bank local and worldwide.