Gulf Bank provides local currency payments at over 350 merchants for people visiting Kuwait
- Date: 06-Aug-2023
- Source: Zawya
- Sector:Financial Services
- Country:Kuwait
Gulf Bank provides local currency payments at over 350 merchants for people visiting Kuwait
- Mohammed Taqi: We are committed to delivering a superior customer service experience and to supporting the growth and success of the local business community
- Alistair Batten: We are delighted to partner with Gulf Bank to bring our Dynamic Currency Solutions to Kuwait for the first time
Gulf Bank has announced a strategic partnership with Fexco International – a global leader in innovative payment and currency exchange solutions – to expand its Dynamic Currency Solutions (DCC) to over 350 merchants across Kuwait.
This collaboration marks the first time that Fexco’s DCC solution will be available in the area, providing a ground-breaking platform for customers and merchants alike.
Fexco's DCC technology enables merchants to offer international customers the choice of paying in their home currency at the point of sale, providing a more seamless and personalised shopping experience. The platform also enables merchants to better manage currency risk and streamline payment processing.
The partnership between Gulf Bank and Fexco demonstrates a shared commitment to innovation and improving the customer experience. As the first bank in the country to offer DCC technology, Gulf Bank is cementing its position as a leader in the financial services industry.
Mohammed Taqi, Assistant General Manger of Consumer Banking at Gulf Bank,