i2c’s plug-and-play platform will reportedly power credit issuing and acquiring capabilities for INVESTBANK.
Through their partnership, INVESTBANK will provide standard credit card programs to their portfolio of personal banking customers and help manage credit card programs for their commercial customers in Jordan.
The feature-rich solution will aim to offer users convenient access to digital account management, virtual cards, contactless payments, and loyalty programs – among several other solutions to better address consumer requirements. INVESTBANK confirmed that it will be introducing a smart, Cloud-powered POS acquiring program for their business customers, supported by i2c.
Aurangzaib Khan, General Manager MEA region, i2c, stated:
“We are excited to partner with INVESTBANK and support their commitment to delivering modern banking experiences to their clients. Initiatives like theirs are pioneering the digital-first revolution in the Middle East and are a great example of the types of innovations that are possible through fintech collaboration.”
Muntaser Dawwas, CEO of INVESTBANK – Jordan, remarked:
“By partnering with i2c we are able to offer disruptive features to meet our clients’ modern-day needs, through a next-gen platform that is flexible enough for us to continue prioritizing our world-renowned personalized approach to banking. Additionally, i2c’s flexible tech stack offers us a reliable foundation to provide safe and high-performance payments products to a market that is ready for these innovations.”
Amir Wain, CEO of i2c, noted:
“i2c proudly partners with FIs worldwide to provide best-in-class solutions and infrastructure that equip teams with the power to innovate, along with the reliability and stability that regulated institutions demand. We look forward to bringing twenty years of this global experience to INVESTBANK in order to enable innovative and flexible payments programs for their clients.”
INVESTBANK has reportedly managed to expand its volumes as much as 700x since its launch as a commercial bank. The bank now plans to support its ongoing growth with the help of innovative payments products.