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01/10/2014 15:45 AST
RAKBANK’s Titanium Business Credit Card recently won the Best Payment Program award for Small to Medium Enterprises (SMEs) in the Middle East, Africa, and South East Asia during MasterCard’s 2014 Innovation Forum held in Singapore.
Designed to offer added convenience, the Titanium Business Credit Card can be used by business customers to make payments instantly and to take advantage of the cash advance facility to meet unexpected business requirements. Cardholders enjoy the flexibility of paying the minimum amount due on their card within 25 days from the statement date and the balance at their convenience. This free-for-life card is ideal for tracking business expenses and making online payments to the government, utility companies, and others.
“Small business customers make up a significant part of the Bank’s customer base, and with their needs getting increasingly sophisticated, we are committed to providing them with faster, simpler and more convenient payment solutions,” said Ian Hodges, Head of Retail Banking at RAKBANK. “In addition to the Titanium Business credit card, RAKBANK also extends Online and Mobile Banking to SMEs to ensure convenience with their everyday banking activities as well.”
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