Mastercard (MA), LuLu Group Enhance Retail Payment Innovation [Yahoo! Finance]
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Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
The collaboration will span across six markets, such as Bahrain, Kuwait, Oman, Qatar, UAE and Saudi Arabia. Saudia Arabia has been the recent addition to the list while the companies will continue offering a portfolio of co-branded credit cards through partners such as Abu Dhabi Commercial Bank in the UAE, Bank Muscat in Oman, CrediMax in Bahrain, Doha Bank in Qatar, Emirates NBD in the UAE and Gulf Bank in Kuwait. The tie-up entails the integration of MA's expertise within the operations of LuLu Group, which will result in the unveiling of some updated features and benefits. These include digital in-store transactions, increased cashless experiences, personalized rewards and substantial cashback offers on purchases at LuLu stores. LuLu will implement Mastercard's Next Gen Point of Interaction solution, thereby enabling cardless payments at self-checkout counters. Therefore, the recent alliance will support a wide array of initiatives, such as sustainability projects, co-branded
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MA
Earnings
- 5/1/24 - Beat
MA
Sec Filings
- 6/28/24 - Form 8-K/A
- 6/27/24 - Form 4
- 6/26/24 - Form 4
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