MEPS partners with Cihan Bank for Islamic investment and finance in Iraq
Middle East Payment Services (MEPS) - a consortium of local and regional banks that serves as a payment services provider in the Middle East - has signed a partnership agreement with Cihan Bank for Islamic Investment and Finance. This step corresponds with the Bank’s goals to expand the range of banking products and services it offers in Iraq by adding new services in the electronic payment field. By virtue of the agreement, MEPS will provide various services comprising call centers and operating MasterCard point-of-sale (POS) devices. In addition, MEPS will issue the Bank’s payment cards at all its branches across Iraq, as Cihan Bank strives to provide all types of MasterCard including debit, credit and prepaid cards.
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