Premier Bank Announces Biggest Discount on MasterCard Issuance

Premier Bank Announces Biggest Discount on MasterCard Issuance

MOGADISHU, Somalia – Premier Bank has announced a discount for new customers on issuing Mastercard during the holy month of Ramadan and the Eid holiday season. The 70% discount allows new customers to get the valuable card for as low as $3, making it the highest discount on Mastercard issuance in Somalia.

During this promotional period, the bank has added more locations where people can register and collect their cards, including public areas, to make it more accessible to people. Customers can also collect their cards at any bank location across the country.

Throughout this promotional phase, the Mastercard acquisition process was accelerated through the “get your card instantly” initiative, allowing customers to receive their Mastercard in less than 30 minutes.

According to Ahmed Nor Mohamed, the bank’s public relations officer, the main reason for the bank’s decision to offer the discount was to improve the economic status and livelihood of the society. “We intended to contribute to efforts to raise the standard of living of our society so that it could compete with the rest of the world for modern banking services,” he explained.

The use of Mastercard has been instrumental over the past six years in terms of improving economic conditions and facilitating the easy withdrawal of cash at withdrawal points inside and outside the country, as well as as online purchases and online fee payments. Mastercard services have helped people connect with the rest of the world.

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About MasterCard

Mastercard, www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payment processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard’s products and solutions make everyday business activities like shopping, traveling, running a business and managing finances – easier, safer and more efficient for everyone. To learn more about Mastercard, visit www.mastercard.com or witter @MastercardMEA.

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