Mashreq launches new e-commerce platform

14/09/2017 20:08 AST

Mashreq Bank has launched an exclusive e-commerce platform for its credit card customers in the UAE: Global Cashback Mart.

The Global Cashback Mart is currently accessible at zero cost to customers who hold the Mashreq SmartSaver Global Credit Card and enables customers to shop online, choosing from over 2,500 global brands including Amazon, Macy’s, Bloomingdale’s, Hotels.com, Flipkart, Marks & Spencer, and Mothercare.

It also gives them an additional cashback of up to six per cent on purchases made through the platform. To complete the last-mile on the purchase experience, Mashreq has partnered with Shop & Ship to offer its customers 15 per cent off on delivery charges.

“With e-commerce volumes growing at 25-30 per cent year-on-year, Mashreq has taken a leadership position by providing value-added E-Com services such as the Global Cashback Mart; our customers not only have exclusive and complimentary access to the best of local, regional and global brands, but through the platform, they also enjoy a seamless and secure shopping experience, from the comfort of their homes. Further, the extra cashback offered on these transactions is the icing on the cake, making such online purchases even more rewarding for the customers,” said Pankaj Kundra, Head of Payments & Personal Banking at Mashreq.

The Global Cashback Mart currently has over 2,500 brands listed under major categories: travel, electronics and department stores. The brands are categorised by country making it easier for customers to browse and select items to purchase, and the list of brands is continually refreshed to ensure relevance to customer needs.

CPI Financial