VoiceTrust And Commercial Bank Of Dubai To Launch Co-Branded Visa Prepaid Payroll Card
VoiceTrust a global leader and provider of Digital Payments and Voice Biometric solutions announced today their strategic partnership with Commercial Bank of Dubai.
The strategic partnership sees VoiceTrust join forces with Commercial Bank of Dubai to provide the platform for the VoiceTrust Visa Prepaid Payroll card program. The VoiceTrust Visa Prepaid Payroll program offers a One-Stop Payroll solution for companies addressing the needs of employers and employees.
Employees are issued with a VoiceTrust Commercial Bank of Dubai Visa Prepaid card and employers will load salaries when required, weekly, bi-weekly and or monthly.
Employers will immediately benefit with the VoiceTrust Commercial Bank of Dubai Visa Prepaid card as it offers convenient, prompt, cost effective and secure payment of salaries, streamlining the preparation and distribution of payroll with no hidden fees, a payroll account and access to VoiceTrust’s customer portal for reporting and managing the payroll together with pay slip printing, all approved by The Central Bank & Ministry of Labour (WPS).
Employees will receive the VoiceTrust Commercial Bank of Dubai Visa Prepaid card and gain a wealth of benefits, convenient, safe and secure access to their salary from any ATM within UAE. Also their card will be accepted at millions of merchants and 1.9 million ATM’s in more than 200 countries and territories worldwide.
A 24/7 call centre is available for all cardholders and the benefit and added convenience of receiving an SMS balance message when their salary is credited to the card account.
Frans Jan Burkens, Head of Consumer Banking, CBD said: “We are proud to consistently present our clients with top of the line payment solutions technology. The launch of the VoiceTrust Commercial Bank of Dubai Visa Prepaid card reflects our bank’s commitment once again to bringing payment solutions that meet and exceed the expectations of our clients.”
During the signing ceremony Tariq Habib, CEO, VoiceTrust, said “We are delighted to partner with Commercial Bank of Dubai to bring this innovative payroll product to the market, which will offer one of the most comprehensive payroll solutions addressing the needs of all types of companies and bringing employees a convenient, safe and secure access to their salary”.
He further added that “VoiceTrust is dedicated to bringing innovative solutions in the digital payments arena directly to benefit the consumer and the VoiceTrust Commercial Bank of Dubai Visa Prepaid card supports organisations and local governments ongoing efforts to a cashless society.”
Stuart Isted, Business Development Leader for Visa CEMEA, said: “This is a really exciting development which shows how prepaid technology can be utilized for the benefit of businesses and individuals alike. Visa is always looking at new and diverse payment solutions which empower people, economies and businesses with better money, and the concept of the co-branded prepaid payroll card will do just that by increasing accessibility to benefits of the Visa payment network.”
Emirate: Dubai
Date: Dec 12, 2011
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