MasterCard installments

As part of our continuous efforts towards achieving one of our strategic goals to become the "Best Bank in Customer Service" and our constant endeavor to meet the needs of our customers by diversifying products that meet their requirements, we are pleased to announce a strategic partnership with MasterCard to introduce, the new MasterCard Installments Card acceptance activation, to the Kingdom of Saudi Arabia for the first time to be activated on POS devices.

 MasterCard Installment Card allows cardholders to split their purchases into four payments.

There will be no impact on the current settlement process in MasterCard installment card, the purchase amount will always be paid in full.

The Card will be available to all customers.

 
Benefits
  • Availability to use MasterCard Installments Card on POS devices 
  • Increase sales
  • Multiple payment methods 
  • Easy to use
  • No technical requirements required from Merchants
  • No changes in the settlement process will remain the same
  • Can be activated on POS devices and in e-commerce at the same time
  • Developing consumer loyalty and experience
How to apply:
  • If you are a new merchant, please request to sign a new POS agreement.
  • If you are an existing merchant, please request to sign a POS agreement addendum and contact your relationship manager or visit your nearest branch.