The partnership between Riyad Bank and MasterCard will give customers access to MasterCards international network of 30 million merchants.

Riyad Bank and MasterCard in a joint partnership have launched a new range of MasterCard debit cards, which will replace the existing Maestro debit cards The new range of debit cards will enhance customer service experience with the provision of several new value-adding services. The new debit card offers unmatched convenience as customers can carry out both, international and national, transactions. The new initiative offers a flexible and convenient banking solution.

Adel Ahmad Bin Al Sheikh, Riyad Bank’s Executive Vice President of Retail Banking, and Michael Maybach, President of MasterCard in the Middle East and Africa were present at the signing ceremony which was held at Riyadh Bank’s headquarters.

The partnership will revolutionize banking experience for customers as it will give them access to MasterCard’s global network of 30 million merchants, shops and stores. Additionally, customers will be able to withdraw money from millions of MasterCard -branded ATMs and point-of-sales globally.

Adel Ahmad Bin Al Sheikh commenting on the partnership said that the initiative will create value for the customers, as it provides an opportunity to customers to benefit from countless services and offers. He expressed confidence in the partnership with MasterCard as the company offers transactions which are safe and secure.

Michael Maybach also expressed delight in the partnership and said that MasterCard hopes to strengthen its relationship with Riyad Bank and continue to provide technical support to improve service offerings for its customers.