Kingdom of Bahrain, 9th May 2018: SINNAD, the region’s leading card processing service provider with advanced card payment solutions, has received its payments processing license from Visa, the global leader in digital payments, which will support SINNAD’s vision to expand into Bahrain as a payments service provider, and support local and regional markets by utilizing the new and fully integrated program.
“Receiving the license from Visa International is a major milestone in SINNAD’s strategic expansion plan. Visa is one of SINNAD’s main offerings, and we have always aimed to diversify our services by adopting international schemes. The Visa license will grant SINNAD an opportunity to better cater to our banks’ needs through a wide variety of services. We look forward to utilizing this license to its full capacity,” said Mrs. Rana Almaeeli, General Manager, SINNAD.
“Third party payment processors are an important part of the payments ecosystem, helping financial institutions with a wide array of transaction processing services and providing speed and agility to their processing capabilities. Visa is happy to partner with third party processors like SINNAD who share Visa’s commitment to reliability, security and speed and to serving our client banks and cardholders in Bahrain,” said Shashank Singh, Visa’s General Manager for Bahrain, Kuwait, and Oman.
SINNAD provides state-of-the-art solutions in cards processing to banks across the MEA region and will continue offering high-quality deliverables that cater to the needs of the business community.