AfrAsia Bank launches the first Visa Platinum Prepaid Card in Mauritius

Friday 10th April 2015: For clients who choose an alternative to credit cards, this new card offers a convenient solution with latest security features such as EMV Chip Technology, ‘Verified-by-Visa’ for online transactions and SMS alerts upon each transaction. In addition to a comprehensive travel insurance package and concierge service, cardholders also benefit from purchase protection and extended warranty on products bought with the card in Mauritius and abroad.

Whether for internet purchases, for children studying abroad or for shopping when travelling around the world, this card fits today’s customers’ diverse lifestyle while offering customers a smart, secure and convenient way of carrying their currency.

James Benoit, CEO AfrAsia Bank, said, “Some clients see prepaid cards as their best alternative to credit cards and bank accounts for everyday payment needs or specially for travelling. We take great pride in being the first to launch the Platinum prepaid card in Mauritius for both our local and international high-end clientele, as much as we are thrilled to partner for the very first time with Visa. Travel and internet shopping is a focus area for our customers, and this new launch strengthens our end-to-end solution for the global customer. With its enhanced features, the card will not only provide customers a safe and hassle-free alternative to cash and travellers’ cheques; it will also delight the frequent flyers with its choice of lifestyle benefits.”

With the support of two partners Emergent International Payment Systems & Global Technology Partners, a dedicated online platform is being provided to cardholders for instant card-to-card transfers, statement of account viewing or to block and unblock your card, amongst other flexible features.

Available in Mauritian Rupee and soon in USD and Euro, the AfrAsia Visa Platinum Card is a general purpose reloadable card also offering high end customers a host of privileges, ranging from discounted shopping at above 200 worldwide luxury brand outlets to exclusive offers at luxury hotels.

Jabu Basopo General Manager for Visa - Southern & East Africa said, “We are proud to partner with AfrAsia Bank to launch the Visa Platinum Prepaid card in Mauritius, creating a new segment for the prepaid card market. The card offers a range of value added luxury benefits to the bank’s customers who are frequent travellers. Visa is confident that this card will provide AfrAsia Bank customers with some unique benefits they have been looking for.”