SABB launches a new prepaid procurement card for corporates and businesses

SABB launches a new prepaid procurement card for corporates and businesses

The Saudi British Bank (SABB) has partnered with Saudi Payments & Visa to launch SABB Procurement Card, designed specifically for its Corporate and Business clients to manage everyday payments digitally. This is part of the bank's ongoing efforts to provide banking products and services that meet the highest standards for all customers.

Newly introduced Procurement Card enables Corporates and Businesses to optimally manage payments in a smarter and safer way; saving cost, reducing cash handling risks and monitoring spends around the clock.

"As a leading financial institution, we are committed to playing our role towards strengthening the financial sector and helping corporations of all sizes in order to drive sustainable economic growth in line with the Kingdom's Vision 2030. Launch of this co-badged mada-Visa card is part of our strategic plans to continuously improve customer experience by meeting their needs through innovative solutions keeping up the pace with the digital transformation in the Kingdom," Yasser Al-Barrak, Chief Corporate & Institutional Banking Officer at SABB, commented.

Abdulaziz Abanmi, Chief Operating Officer at Saudi Payments, commented: “As the national foundation for digital payments, we constantly seek with our local and global partners to enrich the local market in Saudi Arabia with innovative financial services that