RAKBANK and FC Barcelona launch First of its Kind Prepaid Card in UAE

RAKBANK and FC Barcelona launch First of its Kind Prepaid Card in UAE

First prepaid program to offer both a physical card and a virtual solution with peer to peer transfers
Cards are pre-loaded with AED 100 at activation and can be acquired at select Zoom outlets across various emirates
Customers can enjoy seamless Card activations, fund top-ups, and more through the RAKBarça Mobile App

Dubai, United Arab Emirates, 18 December 2019: RAKBANK and FC Barcelona consolidate its regional partnership via the launch of the FC Barcelona Prepaid Card, powered by Mastercard. This new Prepaid Card is the latest addition to RAKBANK’s Personal Banking product portfolio, and is the first prepaid program to offer both a physical card and a virtual solution with peer to peer transfers, supported by a dedicated ‘RAKBarça’ mobile application.

With this new product offering, RAKBANK brings FC Barcelona closer to a growing fan base and sport enthusiasts in the UAE. The FC Barcelona Prepaid Card offers customers a smarter and more seamless transaction option. The Card is pre-loaded with AED 100 at activation and can be acquired at 26 select ZOOM outlets across various emirates. ZOOM is present at ENOC service stations, in the Dubai Metro, and in local residential and commercial communities. Customers just need to present their valid Emirates ID to buy the card pack.

In line with RAKBANK’s commitment to innovation in digital solutions, the RAKBarça mobile application allows cardholders to effortlessly activate their Card, top-up funds, check balance and monitor transactions. The mobile application also provides the convenience of easily transferring money between friends using the SocialPay feature. The FC Barcelona Prepaid Card is enabled for contactless payments through Samsung Pay, Apple Pay and Google Pay. RAKBANK Prepaid Cardholders can add their card details on their smartphone and smartwatch to enjoy instant access to contactless payments at point-of-sale terminals and cash withdrawals at contactless-enabled RAKBANK ATMs.

Frederic de Melker, Managing Director of Personal Banking at RAKBANK, said:

“The strategic partnership that we signed with FC Barcelona last year resulted in the launch of an exclusive co-branded Credit Card and has now allowed us to launch this first-of-its-kind co-branded Prepaid Card. When we developed the Card, we knew that it would be vital to focus our efforts on creating a robust digital interface for our customers to enjoy a seamless user experience. This Prepaid Card is going to be particularly appealing to young and tech-savvy football fans in the UAE, who now have a solution that offers convenient and secure digital payments for their everyday purchases.”

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