Al-Futtaim Toyota launches region’s first automotive prepaid card

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Ehsaan Uddin Ahmed, Head of Global Transaction Services, Noor Bank, Kazim Ali, Head of Corporate Banking, Noor Bank, Saud Abbasi Managing Director Al-Futtaim Toyota and Arjun Vir Singh, Director Cards and Payments, Al Futtaim Group. - Supplied photo

Staff Report

Al-Futtaim Toyota starts the year on a high note with the launch of the region’s first automotive prepaid card in partnership with Noor Bank, MasterCard and Flex-e-card. The Toyota Rewards Card, offers customers buying a new Toyota up to AED 10,000 cashback on the card, which can be used across Toyota Service Centers, a diverse portfolio of Al-Futtaim brands and other retail outlets in the UAE.

Customers who take advantage of the Toyota Rewards Card will also be able to access special benefits including 25% off all parts, 20% off all labor, 10% off on select accessories, 10% off on rear seat entertainment for select Toyota models, with many more benefits to be added.

Commenting on the launch, Saud Abbasi, Managing Director at Al Futtaim Toyota said, “We have always been focused on providing our customers with the best in town ownership experience and innovative offers. We are proud to be the region’s first in bringing a prepaid card proposition to the automotive industry and will continue to explore ways to ensure we are constantly offering the best possible value when it comes to purchasing a Toyota.”

Kazim Ali, Head of Corporate Banking at Noor Bank commented, “Noor Bank is proud to support this first of a kind solution for Al-Futtaim Toyota aimed at enhancing customer value. The collaboration also reaffirms our commitment towards providing market leading transaction banking solutions and positively contribute towards the acceptance of financial products in UAE.” – abdulbasit@theuaenews.com