“DESIGN YOUR FUTURE” AND CREDIMAX LAUNCH BEST STUDENT CREDIT CARD DESIGN COMPETITION
“Design Your Future” and CrediMex today announced the launch of a competition for the “Best Student Credit Card Design” as part of the “Design Your Future” campaign, organized and launched by Finnmark Communications in strategic partnership with the Higher Education Council, and the support of CrediMax as Lead Finance Partner. The competition is open to students of universities and educational institutions in the Kingdom of Bahrain in groups of up to five, with the submission deadline 1 June 2023. The competition is divided into two categories: Best Student Credit Card Design with total prizes worth BD 500 (BD100 for each student), and Best Student Credit Card Name with total prizes worth BD 250 (BD50 for each student). CrediMax will hosting orientation sessions, during which the company’s card design guidelines, corprat guideines and the terms and conditions will be explained to participating students. Commenting, Mr. Ahmed A. Seyadi, Chief Executive of CrediMax, “We are excited to launch this competition supporting the development and discovery of fresh design talent. Design is one of the creative fields that is growing in popularity in today’s labor market. “Designers typically acquire a variety of skills and work in many different environment. This gives them the ability to bring diverse viewpoints into their work by speaking and engaging with numerous professionals and converging ideas to create a product or provide a solution, and then innovate and deliver tangible results. This comes in line with”Design Your Future” initative to foster in students in parallel with the development of their professional and technical skills,” added Mr. Seyadi. “Design Your Future” has been established to support and encourage high-school graduates, university students, and those enrolled in vocational training programs to take a more active approach to planning and building their futures. The campaign further aims to contribute to the Kingdom of Bahrain’s efforts to accelerate human capital development and educate and build a highly effective and well-trained workforce, one of the many critical goals of its economic Vision 2030. The campaign, which will run over a 12-month period, is holistic in nature and comprised of a well-designed and varied programme of activities targeting hands-on learning and growth. Highly interactive sessions and events are being planned with the support of HR, education, and multi-industry experts, in addition to competitions and events that will be announced later. For more information on the “Student Credit Card Design Competition” and how to register please email [email protected].
CrediMax and BENEFIT Company Signs Memorandum of Understanding Agreement to explore BNPL Best Practice Framework
CrediMax and the BENEFIT Company recently signed a Memorandum of Understanding agreement, held at the BENEFIT Company headquarters to explore innovative business models for financing consumer products that is integrated into the customer shopping journey, elevating the customer’s financial digital experience. The Collaboration will entail that CrediMax will leverage its existing assets and its robust ecosystem of technical and financial partnerships, whereas BENEFIT will provide access to their APIs that would facilitate digital onboarding, credit assessment for instant credit offering, authentication and repayment. Furthermore, both CrediMax and BENEFIT, through their rich and robust teams’ of professionals, will jointly endeavor to explore “Buy Now Pay Later” financing best practice solutions with the aim of coming up with a recommended framework that will serve the BNPL ecosystem in Bahrain. BENEFIT Company Chief Executive, Mr. Abdulwahed AlJanahi commented that: BENEFIT has always provided infrastructural services to facilitate digitization, we strive to maintain the lead in innovative financial services within the region. Enabling BNPL operation in the country is one of our strategic objectives and we are looking forward with this partnership for a successful implementation with CrediMax and other market players and credit providers and to enhance customer shopping experience.
CrediMax Celebrates National Day with Orphan Societies at CrediMax Winter Festival 2022
CrediMax celebrated Bahrain’s National Day with AlSanabel Society for Orphan Care, AlKawther Society for Social Care (Orphan Care) and Tree of Life Society in a fun filled day at CrediMax Winter Festival 2022. Over 180 children attended from the societies along with CrediMax Management members and officials. CrediMax Winter Festival 2022, located at Al Liwan – Hamala, will run from 13th December, 2022 till 7th January, 2023 and entry is free of charge. All are welcome to enjoy the event that includes a variety of activities like Games and Prizes, Food Trucks, PS Gaming Tournament, National Day Celebrations, Weekend Entertainment and much more. “In the spirit of giving back to our community whilst celebrating our National Day, we are pleased to have hosted such an event. It was a day filled with fun, exciting activities and amazing atmosphere seeing the smile on these children’s faces celebrating our beloved country” Said Head of Business Development at CrediMax, Mr. Ali Al Abbasi Needless to say, CrediMax Visa cardholder’s will enjoy 20% off on selected items from participating Food Trucks throughout the event period. CrediMax will also be offering for any new applications at the event 1,000 Thameen Points (for Approved and Activated cards), and 5,000 Bonus Thameen Points for an accumulated usage of BD 100 till 31st of January, 2023. Terms and Conditions Apply.
CrediMax launched its Cashback Campaign in collaboration with JCB
CrediMax recently collaborated with its esteemed partner, JCB– the leading international payment brand in Japan, announcing the launch of their latest campaign offering CrediMax JCB cardholders the opportunity to get cashback amounts. Cardholder will have the opportunity to get 10% cashback on an accumulated amount of BHD50 spent monthly when paying by contactless option on CrediMax Point of Sale (POS) terminals. The campaign will run till the 19th of August, 2021 and is applicable for all CrediMax JCB cardholders. “We are delighted to partner up with JCB on this campaign to enhance our cardholders’ payment experience. The campaign allows cardholders the opportunity to get rewarded on their daily purchases while enjoying safe and secure payment experience through the contactless payment option,” said CrediMax Chief Executive, Mr Ahmed A. Seyadi. “We are extremely excited to launch this campaign for JCB cardholders in the Kingdom of Bahrain. CrediMax was the first JCB issuer in the Middle East region and continues to be a valued partner. The launching of Contactless payments for CrediMax JCB cardholders is another step toward ensuring they can continue to make payments in quick, easy and secure manner, especially in the times of this pandemic,” said Yoshiki Kaneko the President & COO of JCB international.
CrediMax and Thai Mart Partnership Agreement
CrediMax is pleased to announce its partnership with Thai Mart providing innovative payment solution to its loyal customers. The signing ceremony took place at CrediMax HQ in the presence of Mr. Ahmed A. Seyadi, CrediMax Chief Executive and Mr. Akavut Tangsilikusonwong (Tony), Owner / Director and CrediMax officials Mr. Khalid Shwaiter and Mr. Mohammed Mutaleb. The agreement comes part of CrediMax’s core value to provide quality services and unique card payment experience to its customers. Cardholders will also be able to enjoy exclusive offers and promotions when using their CrediMax cards to pay at participating outlets at Thai Mart. For more information on CrediMax and Thai Mart offers and promotions, please check our social media @credimax.b.s.c or call 17117117 or visit www.credimax.com.bh
CrediMax and Bahrain’s ‘Unipal’ sign an MoU
Unipal, a Bahraini student-centric platform and CrediMax, Bahrain’s first and leading credit card issuer and acquirer, recently signed a memorandum of understanding (MoU) to offer digital solutions to their customers. The signing ceremony took place at CrediMax HQ in the presence of CrediMax Chief Executive, Ahmed A. Seyadi, Unipal Managing Director, Ali Al-Alawi and CrediMax Executive Officials Ali Al Abbasi and Ali AlMeshal. Unipal helps students make the most of their university experience by providing them with offers and discounts while also catering to their other needs. It is worth noting that despite the pandemic; Unipal has taken the lead in truly elevating students’ experiences in Bahrain through their application by increasing offers currently available on the platform. With this new partnership, CrediMax and Unipal aim to further enrich their offerings and empower students through innovative digital solutions. CrediMax Chief Executive, Ahmed A. Seyadi, on the other hand, commented: “Unipal has built an amazing culture by providing students a unique digital experience while embedding a sense of financial responsibility from an early age. We are thrilled with the opportunity to collaborate with Unipal and admire the entire leadership team and look forward to supporting their continued expansion.” Commenting on this partnership, Ali Al-Alawi, Unipal’s Managing Director, has shared: “Unipal is more than just discounts. And this is proof. We established Unipal to completely transform the students’ lifestyle in Bahrain and these partnerships will help us accomplish such a vision. Partnering with big players in our ecosystem like CrediMax is aimed to push for drastic improvements to what the community provides our student demographic.”
CrediMax Donated to Bahrain Red Crescent Society
As part of its commitment to community service, CrediMax continues its annual support to Bahrain Red Crescent Society during a handover ceremony at its headquarters in the presence of CrediMax Chief Executive, Mr. Ahmed A. Seyadi and Mr. Mohammed Ebrahim, Supervisor of Bahrain Red Crescent Society as well as Mr. Ali Al Abbasi, Head of Business Development at CrediMax.
CrediMax donated its Annual Ramadan Support Collaborating 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 initiative distributing around 4,000 Ramadan Baskets, which is in line with CrediMax’s robust Corporate Social Responsibility program to make good on its commitment towards giving back to the society and helping the needy whenever possible.
CrediMax introduces its “Parents/Young-Adults digital Dashboard” through its Mobile App in association with its new card “iLead”
CrediMax is pleased to introduce its latest innovative digital service, which allows parents to view and manage their children’s spending’s through the Parent Dashboard available on its Mobile App. iLead is a Mobile App solution associated with a Pre-Paid Contactless Cards that would be designed to help parents teach their young generations the value of money in a digital age as early as possible. It is aimed at young generations/children to help them manage their pocket money or allowance. Parents having CrediMax credit card or pre-paid card can apply for their child’s “iLead” card and manage all card functions, activities and track their spending history through the Parent Dashboard available on CrediMax Mobile App. The parents will have access to controls such as setting up weekly and monthly allowances; define the card daily, weekly and monthly spending limit, enabling and disabling online, in-store and international transactions and much more. “In line with CBB vision and direction to fight cash in circulation, promote innovative digital payment solutions, as well as actively contribute in expanding financial inclusion in Bahrain, we are excited to introduce a new digital service designed for Parents with young adults.” said Chief Executive of CrediMax, Mr. Ahmed A. Seyadi “This is part of CrediMax strategic long term initiatives to promote cashless society by educating new generations financial independence and control. Young adults will be financially included as early as possible to learn spending responsibly and working towards savings goals in a safe environment under the direct supervision of parents.” he added. Young Adults will have their own digital mobile dashboard to monitor and track their spending, Save part of their allowance to achieve specific goals as well as many other interesting features through their own access to CrediMax Mobile App. “iLead” is a pre-paid contactless enable card that can be used at any Merchant accepting card payments under the supervision of parents.
CrediMax Offers its “Credit Card Balance Transfer”
As part of its continuous efforts to support its community especially during these uncertain times, CrediMax is pleased to offer its qualified new and existing cardholders, the convenience of transferring their credit card outstanding balance from other financial institutions to CrediMax, whilst enjoying competitive rates and a variety of attractive offers. “This new feature forms part of a boarder commitment CrediMax has made to make life easier for those customers we are proud to serve, and those we hope to serve in the future. Having a plan to consolidate and prioritize credit card debts whilst building credit eligibility and better saving goals is what we aim to support on our customers path to financial awareness” Commented Mr. Ahmed A. Seyadi, CrediMax Chief Executive Applicants will be able to choose from two options; 1st option – “0% interest on the balance transferred amount and on all new transactions for 6 months” or 2nd option – “0% interest on the balance transferred amount and on all new transactions for 3 months and enjoy deferred payment for 3 months with no minimum will be requested in this period”. Additional credit limit request will be considered provided the applicant meets the terms and condition.
