Mashreq launches UAE’s largest 0% Easy Payment Plan Promotion

Press release
Published February 26th, 2012 - 10:45 GMT
Nimish Dwivedi, Head of Payments at Mashreq
Nimish Dwivedi, Head of Payments at Mashreq

Mashreq, one of the leading financial institutions in the UAE just made owning life’s good things easier. With the launch of the largest 0% Easy Payment Plan promotion in the UAE, Mashreq’s announcement is yet another testament of the bank’s journey towards achieving the leadership position in the credit card issuing and acquiring space by providing convenient banking solutions for both its customers and merchant partners alike.

With over 90 key brands and 800 outlets across the UAE, Mashreq’s new offering is set to be the largest ever 0% Easy Payment Plan partner network in the UAE. Mashreq customers can now get to choose from a wide range of brands across electronics, jewelry & watches, apparel & fashion, home furnishing, travel, education, automotives, hypermarkets, health & fitness, online shopping and various other categories.

The 0% Easy Payment Plan offering from Mashreq allows customers to plan their high value purchases and convert their transactions to equated monthly installments at absolutely zero interest. Be it purchasing a 3D LED TV, planning a holiday, doing up their house and so much more, customers can choose from over 90 of the selected brands and make their dreams come true. And with such an extensive spread of brands and stores offering 0% Easy Payment Plan across all the emirates, customers would truly find it easiest to locate an outlet that offers this fantastic benefit through Mashreq's 0% Easy Payment Plan program.

Nimish Dwivedi, Head of Payments at Mashreq commented, “We are proud to launch a promotion of this magnitude. We have ensured through our partnership with the top brands across different categories that practically all of our customer’s lifestyle needs are catered to. Customers can have their purchases converted into truly ‘EASY’ Equated Monthly Installment Plans - All that it needs is a phone call or an SMS to convert high value transactions to 0% EPP. This comes as part of our endeavor to extend exciting, value added and customer centric banking experiences.” 

With an exciting array of brands such as Sharaf DG, Jacky’s, Damas, Homes R Us, Joyalukkas, Al Haseena Jewellery, Fitness First, Al Futtaim Motors, Trading Enterprises, Danube Buildmart, VLCC and Jumbo amongst others, customers can benefit from the 0% Easy Payment Plan across their favourite brands and outlets. Moreover, customers can truly ease their monthly payments to buy now and pay later in installments with no interest. 

Background Information

Mashreq

Mashreq has provided banking and financial services to millions of customers and businesses since 1967.

We are one of UAE's leading financial institutions with a growing retail presence in the region including Egypt, Qatar, Kuwait and Bahrain. We focus on providing our customers access to a wide range of innovative products and services.

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