Turkish payment platform ininal has entered into a new partnership to issue prepaid Visa cards to its three million customers.
All the existing customers of the payment platform can also convert their prepaid cards to Visa prepaid cards.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataCustomers of ininal can use the redesigned cards for online as well as in-store purchases globally at any merchant who accept Visa.
Additionally, they can use the Visa prepaid cards to withdraw cash from Visa accepting ATMs globally.
ininal CEO Ömer Suner said: “Through our partnership with Visa, we have enhanced the capabilities of the product we offer to our cardholders and made basic financial services more accessible to everyone.
“In this product relaunch, we have added a cash withdrawal feature that our cardholders were awaiting for a long time.
“We are proud to issue our cards under our own Visa BIN and provide all the security and worldwide reach of Visa to our cardholders.”
Initially, ininal card users can procure their new Visa prepaid cards through more than 10,000 sales points in Turkey.
Suner added: “Earlier this year, we had introduced bill payment capabilities through our ininal Wallet.
“Going forward, we plan to diversify the basic banking services we offer and add a 24/7 money transfer capability to our product features.”
Earlier this month, US-based outdoor sporting goods retailer Sportsman’s Warehouse announced the launch of Visa credit card.
Furthermore, Japan’s LINE Pay partnered Orient (Orico) to issue a Visa credit card.