Kuwait Finance House KSCP: KFH Launches Foreign Currency Visa Prepaid Card With Unique Benefits

Kuwait Finance House “KFH” launched the KFH Visa Foreign Currency Prepaid Cards which allow customers to easily invoice and pay in different currencies during travel and online shopping.

The launch of prepaid cards illustrates KFH’s desire to offer customers a unique banking experience to achieve their ambitions and aspirations. In addition, he represents the bank’s strategy to develop its products and services and achieve outstanding performance, expand its customer base, market share and strong financial position in Kuwait and globally.

Talal Al-Arbeed, acting deputy general manager of Cards group at KFH, said the KFH Visa Prepaid Foreign Currency Card – the first such Islamic Visa prepaid cards in the local market, helps customers manage their payments efficiently. and to be paid directly in foreign currency. currency without charging exchange fees. He pointed out that the cards offer travelers a smart and appropriate method of carrying their travel money. Cards are available in 5 major currencies: US Dollar, British Pound, Euro, United Arab Emirates Dirham, and Saudi Riyal.

Al-Arbeed added that the cards offer unique advantages, including avoiding fluctuations in the exchange rate of the chosen currency, easily spending without changing currencies, protecting purchases and benefiting from continuous visa offers. The card is more secure than cash.

Al-Arbeed reported that the cards are very flexible to top up through the KFH app for smartphones KFHonline, KFH website www.kfh.com , KFH service “Aloo Baitak” on 1803333 in addition to KFH branches and KFH smart KFH Go branches.

He added that issuing the cards to the client does not require the client to have an account in KFH or make a salary transfer. The card does not require an annual commitment. He added that customers must be 18 and over.

Al-Arbeed stressed that KFH will continue its success in the bank card market. KFH will continue to update and develop its services and products to strengthen its leading position in banking at local and regional level, using the highest standards of quality and innovation, He referred to the great success of various campaigns for the cards, the latest including the ‘Ready for Summer’ campaign that KFH launched to KFH Visa cardholders, allowing them to win Sea Ray or Fliteboard boats for 13 of KFH customers on local and global purchases (including including online purchases in foreign currencies)

Al-Arbeed highlighted KFH’s leadership in digital transformation using the most modern payment methods. He referred to the “smart wallet” service via mobiles and smartwatches, which provide the latest smart and highly secure payment methods in cooperation with “Garmin”, “Fitbit” and “Samsung”. Cardholders of all KFH cards can now take advantage of smart and easy payment methods by swiping the device or smart watch over the POS which are “NFC” compatible locally and globally.

Visa Kuwait Country Director Ankush Devadason said, “KFH Visa foreign currency prepaid cards are flexible and secure, not to mention convenience. They allow cardholders to pay in up to five different currencies, online or in store, and can be used anywhere. Visa cards are accepted in Kuwait and at 70 million Visa partner merchants around the world. KFH Visa Foreign Currency Prepaid Cards will allow consumers to fully experience the benefits of digital commerce and we are delighted to see KFH launch the first of its kind Foreign Islamic Visa Prepaid Foreign Currency Cards in Kuwait. ”