CrediMax MaxWallet and BenefitPay Partnership Agreement with Lulu Hypermarkets
CrediMax and BENEFIT are pleased to announce the roll out of their Digital Wallets acceptance, “MaxWallet” and “BenefitPay” at Lulu Hypermarkets. Both MaxWallet and BenefitPay users will be able to pay for their purchases on CrediMax Point of Sale (POS) machines, providing them a frictionless and secure payment experience. The partnership was announced during a Video Conference Call held with the presence CrediMax Chief Executive – Mr. Ahmed A. Seyadi, Lulu Group International Director – Mr. Juzair Rupawala, and BENEFIT Chief Executive Officer – Mr. Abdulwahed Al Janahi, in addition to officials from all parties. “CrediMax is committed to driving the growth of the payments sector in Bahrain through collaborations that would facilitate innovative payment solutions helping simplify our customers’ payment journey. We have been fully responsive to and will continue to provide our merchants and online shoppers with the tools they need to minimize their reliance on cash transaction” said Mr. Ahmed A. Seyadi, CrediMax Chief Executive “It is our pleasure to announce this cooperation with Lulu Hypermarket to enable BenefitPay customers to pay for their goods using the application. This new addition reflects on our keenness to enhance the purchasing process between individuals and stores, and also in line with the national efforts to reduce the use of physical cash, especially in light of the global spread of the Coronavirus (COVID-19). We are very pleased to announce this cooperation based upon our distinct partnership with CrediMax for unified QR Code. We look forward to offering our valued customers with fast and secure payment options.” commented , Abdulwahed AlJanahi, C.E. of BENEFIT “Digital transactions are today’s most convenient payment mode, whether online or across the counter and as a responsible organization we are at the forefront of innovations and changes for our customers, we believe that this tie-up between Lulu, CrediMax & BENEFIT will bring great advantage to our customers,” said Mr. Rupawala, Lulu Group’s Director “Consumers now expect fast and secure payments, no risk, and, no charges. This new payments landscape has been driven by e- and m-commerce and Lulu Hypermarket is taking the lead in this area.” In addition to the QR code payment acceptance, cardholders have the convenience of making Tap & Go enabled payment, whether it is a contactless cards or using Near Field Communication (NFC) enabled devices, on CrediMax’s Point of Sale (POS) terminals at all Lulu Hypermarket
CrediMax donated to the Royal Humanitarian Foundation its Annual Support for “A Fils Can Change Life” Project
rediMax provided its annual support to the Royal Humanitarian Foundation towards the “A Fils Can Change Life” Project, where CrediMax donates a fils for any credit card transaction made through its Point Of Sale (POS) machines. Mr. Ahmed A. Seyadi, CrediMax Chief Executive, expressed his gratitude for CrediMax’s continuous support for the Foundation’s projects towards the Bahraini orphans, as well as all the charitable and humanitarian works carried out by the Royal Humanitarian Foundation for the good of the people in the Kingdom. It is very pleasing to know that our customers are also contributing to the cause whenever they use their cards on our POS machines. Dr. Mustafa AlSayed, Secretary General – Royal Humanitarian Foundation, praised CrediMax’s support throughout the years which contributed in supporting and providing the orphan’s a more comfortable lifestyle. It is worth mentioning that CrediMax is one of the first pioneers in charitable work that initiates community partnership to serve those families affiliated with the Royal Humanitarian Foundation. Needless to say, that through the “A Fils Can Change Life” project, the Royal Humanitarian Foundation seeks a permanent source of support for about 6,000 families under the Foundation’s umbrella focusing on programs and projects held for the orphans and widows. A simple idea in value yet provides a great return for the society as a whole.
CrediMax donates its Annual Ramadan Support in collaboration with 80 charitable Societies
Inspired by the spirit of giving during the wholly month of Ramadan, CrediMax collaborated with almost 80 charities across the Kingdom towards the support of its Annual Ramadan Donation, which is in line with CrediMax’s Corporate Social Responsibility program to make good on its commitment towards giving back to the society and helping the needy whenever possible. “CrediMax has always taken its role in the local community very seriously that is why our CSR strategy puts so much emphasis on giving back to the society and making a difference in the lives of the needy. We have more initiatives that we are currently working on and will announce in due time.” said Mr. Ahmed A. Seyadi, CrediMax Chief Executive
CrediMax’s support and initiatives during COVID-19
In line with its corporate social responsibility, CrediMax assures its complete support to its team members and clients during these difficult times. CrediMax has also implemented several initiatives as part of CBB’s direction to ease the financial burdens on our customers. “CrediMax and all its team members’ express its sincere gratitude and appreciation to all of the Kingdom’s front line COVID-19 fighters, thanking them for the risk they take every day to ensure the safety of others and thanking their family members for supporting them. We are also honored to support “Feena Khair” campaign launched by H.H. Sh. Nasser Bin Hamad Al Khalifa, as part of BBK Group, contributing a total amount of BD 3 million.” said Mr. Ahmed A. Seyadi, CrediMax CE. CrediMax gives high priority to the safety of its members, their families, and the local community. It has introduced a company-wide health and safety measures with immediate effect in response to the situation to positively contribute toward the kingdom efforts to fight the virus while at the same time minimize the disruption to its day to day operations. “We are very much aware of the impact of COVID-19 has had on our clients and we are committed to continue providing them the support they need to overcome these challenges. We have a dedicated taskforce available to attend to their needs and any support they may require. We have enabled a large number of our Merchants with digital payment solutions to encourage social distancing and help our merchants establish alternative channels of making business as fast as possible and cater to their customer demands.” Added Mr. Seyadi
CrediMax Appoints Ahmed A. Seyadi as new Chief Executive to succeed Mr. Yousif Ali Mirza
CrediMax, the first and leading Issuing and Acquiring Company in Bahrain, announces the appointment of Mr. Ahmed A. Seyadi as the new Chief Executive to succeed Mr. Yousif Ali Mirza following his retirement after the completion of the company’s general assembly meeting. “Mr. Yousif Ali Mirza has been instrumental in strengthening CrediMax’s leading position in the market providing innovative digital payment solutions and enriching CrediMax portfolio to match the lifestyle of our clients. During his leadership he has launched several milestone initiatives in line with the company’s digitalization strategies such as CrediMax’s digital wallet “MaxWallet” and the Multi-Currency Pre-paid card (Cardy Ex) which have both witnessed tremendous success amongst our clients. In addition, CrediMax also received the “GCC Excellence in Employment and Labor Localization Award” across all GCC level. On behalf of CrediMax’s Board of Directors, all staff and our clients, we thank Mr. Mirza for his sincere dedication and efforts towards the company and in creating memorable payment experiences. “said Mr. Riyadh Yousif Sater, Chairman – CrediMax Board of Directors “We are proud to announce his successor and the official appointment of Mr. Ahmed A. Seyadi as the new Chief Executive of CrediMax effective 29th of March, 2020. Mr. Seyadi has over 25 years of experience covering Corporate Banking, Cards Business and Retail Banking Operations, Digital Banking, as well as Information Technology. We are confident that with his insight and experiences, CrediMax will further enhance its positioning in the market and solidify our vision to be the Preferred Regional Payment Service Brand. We wish Ahmed all the best in his new role.” added Mr. Sater “I am honored to be entrusted with this responsibility by the Board of Directors and I am positive that with the highly talented and diverse team, we will continue to work together and accomplish new milestones for the company and our local economy.” Said Mr. Ahmed A. Seyadi, CrediMax Chief Executive
CrediMax supports The Bahraini Catalyst for Disabilities Association
CrediMax recently supported The Bahraini Catalyst for Disabilities Association providing them a customized minivan, which comes in line with the company’s commitment to support its community. “CrediMax has always taken its role in the local community very seriously that is why our Corporate Social Responsibility strategy puts so much emphasis on giving back to the community where we work and operate. We are very proud to be able to support the association and hope this will positively impact their initiatives and endeavors.” said Chief Executive of CrediMax, Mr. Yousif Ali Mirza. Mr. Riyadh AlMarzooq, Chairman of The Bahraini Catalyst for Disabilities Association, expressed hi sincere thanks and appreciation to Mr. Yousif Ali Mirza and CrediMax for their generous support in providing a customized bus which will surely play a vital role in continuing to motivate the members of the association as a whole.
CrediMax and Talabat Sign Partnership Agreement
CrediMax is pleased to announce its partnership with Talabat providing the highest quality payment solution to its loyal customers. This partnership agreement is part of CrediMax’s long standing leading position and experience in providing exceptional and innovative customer service experiences for both its merchants and cardholders. The signing ceremony took place at CrediMax HQ in the presence of Mr. Yousif Ali Mirza, CrediMax Chief Executive, Mr. Ahmed A. Seyadi, Assistant General Manager – Business Development, Mr. Ali AlMeshal, Merchant E-Business Manager and Mr. Hesham AlSaati, Managing Director of Talabat Bahrain and Talabat Saudi Arabia and Mr. Taher Saeed, Country Logistics Manager at Talabat. Chief Executive of CrediMax, Mr. Yousif Ali Mirza said: “We are excited to partner up with Talabat to offer innovative payment solutions for our customers, which comes in line with CrediMax’s strategy to continuously provide new services and payment option solutions to meet our customers’ expectations whenever they use our credit cards.” Managing Director of Talabat Bahrain and Talabat Saudi Arabia, Mr. Hesham Alsaati said: “We are happy that CrediMax has provided us the technology and infrastructure capabilities to drive our transactions in Bahrain. This partnership brings a more simplified ordering experience for our partners and customers. This is in line with our mission to contribute to the Kingdom’s digital economy ecosystem.”
CrediMax announces new Card payments feature on its Mobile App making online payment faster, seamless and secure
CrediMax is pleased to announce its latest feature to its Mobile App where the users can now save their debit card payment details making e-service experience easy, enjoyable and hassle free for all our customers. After saving the information and making the first successful quick payment, customers can make subsequent payments instantly, securely and seamlessly by simply selecting the card without the need of adding the card details for every payment. CrediMax Mobile App provides a highly secure application platform with a wide range of features. Optimized for a seamless, intuitive experience, the App offers extensive support for card transactions and offers customers real-time access to information such as full outstanding amount, available balance and real-time payments and transactions. The App also includes real-time exchange rates for its currencies available on its latest Multi-Currency Pre-Paid Contactless Card product “Cardy EX”. Customers can also initiate requests such as increase credit card limits and request new or supplementary cards. They can view the latest offers and promotions from CrediMax, as well as update their personal details, make payments and stop cards.
CrediMax Re-Introduces its Exclusive 0.377 USD Rate on Cardy EX
CrediMax continuously aims to simplify its cardholders shopping experience by giving them smart payment solutions and the latest innovative technologies that bring the benefits of cashless payments to both its Merchants and Cardholders. “Since the launch of our latest innovative Multi-Currency card “Cardy EX” back in July of 2019, we have witnessed tremendous success and accordingly are delighted to announce that we will be re-introducing our exclusive offer on “Cardy EX” where cardholders will continue to receive 0.377 USD rate exclusively without any international transaction fees or any additional fees till 30th of June, 2020. We are also excited to say that we will be adding new currencies and innovative features that will be announced in due time” said CrediMax Chief Executive Mr. Yousif Ali Mirza Cadry EX allows cardholders the choice to pay for goods and services from up to six major currencies including Bahraini Dinars (USD, GBP, EURO, AED and SR) all in one card. Cardholders will be able to, with just a tap, pay in the local currency for easy and secure payments and very attractive low exchange rates.
CrediMax launches its 2020 Campaign “#itisonus”
CrediMax announced the launch of its instant reward campaign titled “#itisonus” giving cardholders the opportunity to have their daily purchases paid instantly by CrediMax. CrediMax will also continue its grand prize campaign allowing cardholders a chance to enter a raffle draw to win one of two Lexus ES 350 model 2020, for every accumulative usage of BD 50 during 2020 starting from 1st of January 2020 till the 31st of December 2020. “The 2020 campaign is driven from our goal and mission to reward our customers using our products and services and capitalize on the digital age, providing our loyal customers world-class innovations and card experience” said Chief Executive of CrediMax, Mr. Yousif Ali Mirza. “Whenever you use your CrediMax cards on CrediMax point of sale machines; be it at a coffee shop, grocery shopping or even your car insurance, you stand a chance to be randomly picked as a winner and have that payment paid by us.” Added Mr. Mirza “Our goal is to provide incentives and rewards to make our customers get used to and opt for making secured card payments very conveniently and see the value of using our products and services in their everyday purchases. We plan to introduce more exciting offers during the year that will provide instant rewards for using our products and services, which will be announced in due time” he concluded For every accumulative usage of BD 50, the cardholder will also be eligible to enter the raffle draw for a chance to win one of two Lexus ES 350 model 2020. The Raffle draw will be conducted in January 2021.
