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International Cards Company and Jordan Trade Facilities sign a co-branding agreement
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[Amman, Jordan - 13th April 2010]
International Cards Company (ICC) launched its co-branded MasterCard® credit card with Jordan Trade Facilities (JTFC), enabling JTFC customers to enjoy a new range of services through the co-branded credit card. The new co-branded credit card is accepted in around 30 million locations in Jordan and abroad. Cardholders can also take advantage of cash advance through over 1.5 million ATMs in addition to convenient and innovative monthly payment solutions at highly attractive interest rates. Cardholders will also benefit from the existing privileges of carrying an ICC MasterCard® credit card; namely 24-hour customer service, full delivery services and a bundle of value added services.
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The announcement of the agreement was made during a press conference at the Intercontinental Hotel in Amman, chaired by Khalil Alami, Chief Executive Officer of ICC, Hisham Jaber, General Manager of Jordan Trade Facilities Company and Basel Eltell, Vice President and Regional Manager, Levant of MasterCard® Worldwide.
ICC’s MasterCard® co-branded programs are designed to combine the power and reach of its institution with the extended benefits, strength and recognition of its co-branded partner to customize and deliver card programs that are tailor-made to customers’ needs. The mutual decision to develop a partnership between ICC and JTFC is a result of the synergy between the two companies and their common interest to best serve their clients by continuing to develop new and innovative payment solutions.
Khalil Alami, CEO of ICC, said, "We at ICC are extremely pleased with this co-branded program with JTFC who is considered a leader in personal financing. We are also pleased to announce that the co-branded MasterCard® program will use the latest in cutting-edge EMV technology, a technology ICC has implemented in the Jordanian card payment industry in line with international standards”.
ICC has been a principal member of MasterCard® since 1999 and over the course of the past 11 years, the company has been a firm believer in delivering services that are a “first of their kind” in the Jordanian market, MasterCard® co-branded cards being one of them. “The first co-branded card we launched was in 2001. It went on to become a success in the Jordanian credit card market due to its novelty and need-based approach, paving the way for nine more vastly successful MasterCard® co-branded programs,” added Alami.
On his part, General Manager of Jordan Trade Facilities Company, Hisham Jaber commented, “We are excited to partner with ICC to enhance our full service line of financial products. Our clients will soon have the convenience and personal touch associated with a JTFC credit card, combined with all the amenities of a worldwide credit card program."
“As a result of this collaboration between ICC and JFTC, cardholders will certainly enjoy added benefits as well as the security and convenience of using their MasterCard® card at 30 million acceptance locations worldwide”, said Basel Eltell, Vice President and regional manager, Levant, MasterCard® Worldwide. “The comfortable and flexible payment facilities that this co-brand card offers are in great demand by cardholders in Jordan. This association demonstrates the commitment of MasterCard® to develop local solutions to meet cardholder needs”.
In addition to better serving customers, ICC’s co-brand programs also add value to partner brands through greater exposure and an opportunity for significant growth in the market due to an additional revenue stream.
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International Cards Company Raises Capital to JD 10 million
International Cards Company and International Brokerage and Financial Markets Company Announce Strategic Partnership
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[Amman, Jordan – February 28th , 2006]Amman, March 1st, 2006 - International Cards Company (ICC) announced on Thursday, February 23, 2006 its strategic partnership with International Brokerage and Financial Markets Company (IBFM) and a group of other investors. This puts ICC's capital at JD 10 million. This partnership will support the company in providing even higher quality services to its current and future clients, as well as extending products and services to include a comprehensive selection of alternate financial solutions.
The partnership is set to contribute to the development of IBFM business and services on both a local and regional level. It will entitle its clients to automatically obtain an ICC MasterCard credit card as the initial benefit of this distinguished partnership, and as the first step towards providing its clients with high end integral financial services.
Under this new partnership, IBFM will provide consultancy services – as the Underwriter to transform ICC into a public shareholding company.
Mr. Khalil Al-Alami, deputy general manager of ICC, said: "We are pleased to have established the mutually beneficial and constructive partnership with IBFM. The company was able to prove itself in acquiring people’s trust in the local market within a short period of time. This new partnership will contribute to expanding our client portfolio and positively reflect on the revenues and profits of ICC. It will also open doors for us to offer an expanded selection of innovative and creative services.”
Commenting on this partnership Mrs. Maha Hammad, deputy general manager of IBFM, said: “ICC works in an alternate and complementing financial field, this strategic move will enable us to provide integrated solutions for our clients. We strongly believe this partnership will provide a win-win situation for both parties. We believe that ICC has vast and advanced capabilities as well as a very high potential for growth.”
ICC is a Principle Member of MasterCard International. Since its establishment in 1999, ICC expanded to be one of the leading financial establishments in the MasterCard International Network, and the only company in Jordan providing comprehensive MasterCard services. ICC services a large group of reputed individuals and companies from different sectors and backgrounds. No card is more accepted than MasterCard at over 24 million locations worldwide.
ICC expanded its product base in 2004 to become the Super Agent for MoneyGram International, an instant money transfer company, with the authority to establish and grant sub-agents in Jordan.
| For more information contact: |
Reem Maroun
Business Development Manager
International Cards Company |
Tel: +962 6 5660 660
Fax: +962 6 5650 822
Email: Rmaroun@kartee.com.jo |
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Editor's Notes:
International Cards Company (ICC)
ICC is a Principle Member of MasterCard International. Since its establishment in 1999, ICC expanded to be one of the leading financial establishments in the MasterCard International Network, and the only company in Jordan providing comprehensive MasterCard services. ICC expanded its product base in 2004 to become the Super Agent for MoneyGram International, an instant money transfer company, with the authority to establish and grant sub-agents in Jordan. ICC employs more than 60 people and has a large and diverse base of clientele and customers. It cooperates with a network of three major banks in Jordan.
International Brokerage and Financial Markets Company (IBFM)
Established in 2005 as a public shareholding limited company, IBFM has the expertise to offer financial consulting and advisory of the best quality with a concentration in asset management, IPO management, integrated brokerage and underwriting. The services pertain to the local, regional and International markets. IBFM has a state of the art, high end market watch room for monitoring trends and alerts. IBFM will provide channels for clients to productively access and manage their portfolios online.
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International Cards Company Launches New ICC MasterCard 2006
FIFA World Cup™ Credit Card
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Apply for the new ICC MasterCard 2006 FIFA World Cup™ card
and win a prize package to watch a match in Germany.
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[Amman, Jordan – March 5th , 2006] With the excitement of the upcoming 2006 FIFA World Cup™ matches in Germany, International Cards Company (ICC) has launched its ICC MasterCard 2006 FIFA World Cup™ credit card.
The new card features an energetic design with a picture of a football integrated into the word “goal”. ICC MasterCard 2006 FIFA World Cup™ credit card holders will automatically be entered into a draw to win a prize package that includes one match ticket, two night stay in a four star hotel, airport transportation, pre-match drinks and stadium transportation. The match tickets are courtesy of MasterCard International.
A total of four prize packages are available. Those eligible to win are current ICC MasterCard credit card holders, new ICC MasterCard 2006 FIFA World Cup™ credit card holders, and anyone who has a MasterCard credit card from the ICC affiliate banks, Export Finance Bank, Jordan Kuwait Bank and Egyptian Arab Land Bank.
To qualify for entering the draw the MasterCard credit card holder must simply use their ICC MasterCard 2006 FIFA World Cup™ credit card to purchase anything twelve times or more before March 31th, 2006. This will automatically enter the cardholder in the draw to win one of the four prize packages. Chances to win are increased the more frequently the ICC MasterCard 2006 FIFA World Cup™ credit card is used.
ICC are also offering merchants the chance to win. Conditions for an ICC merchant to win include utilizing the ICC MasterCard 2006 FIFA World Cup™ credit card point of sale service (POS) for over 30 transactions. With the increased use of the ICC MasterCard credit card or ICC POS, the more likely to win the prize.
The Deputy General Manager of ICC, Mr. Khalil Al-Alami said, “MasterCard International is the Official Sponsor for the 2006 FIFA World Cup and had began its alliance with FIFA World Cup since 1990. International Cards Company is a firm supporter of all sports and this year tends to emphasize the 2006 FIFA World Cup culture on a local level.”
“MasterCard is delighted to have collaborated with ICC on this exciting, benefit loaded ICC MasterCard 2006 FIFA World Cup™ credit card. FIFA World Cup™ card programs have been rolled out across the globe and this card enables Jordanian cardholders the opportunity to get closer to the game they love.”, added Denzil Lawson, Senior Vice President and General Manager, Middle East & North Africa, MasterCard International.
ICC MasterCard 2006 FIFA World Cup™ credit card holders will get all the benefits and features provided by ICC such as 24 hour boutique customer care, full delivery service for the application, card and payments. MasterCard cardholders can use their cards at more than 24 million acceptance locations around the world, including over 1 million ATMs and other locations where cash can be obtained.
ICC’s vast network consists of a substantial and diversified client base of individuals and reputable establishments In 2004 ICC expanded its product base and services by becoming a Super Agent of MoneyGram® International for money transfer with the authority to grant membership.
| For more information contact: |
Reem Maroun
Business Development Manager
International Cards Company |
Tel: +962 6 5660 660
Fax: +962 6 5650 822
Email: Rmaroun@kartee.com.jo |
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About MasterCard International
MasterCard International is a leading global payments solutions company that provides a broad variety of innovative services in support of our global members’ credit, deposit access, electronic cash, business-to-business and related payment programs. MasterCard manages a family of well-known, widely accepted payment card brands including MasterCard®, Maestro® and Cirrus® and serves financial institutions, consumers and businesses in over 210 countries and territories. The MasterCard award-winning Priceless® advertising campaign is now seen in 105 countries and in 48 languages, giving the MasterCard brand a truly global reach and scope. For more information, go to www.mastercardinternational.com.
| For more information about MasterCard International, please contact: |
Vicki Morley
GolinHarris
Tel: +9714 332 3308 extn 203
Email: vmorley@golinharris.com |
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