Mastercard to support Enjaz’s new products for travelers and expatriates

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Mastercard and Enjaz are partnering to launch new bank card products and digital services for individual and business customers in Saudi Arabia. The products target expatriates, frequent travelers and high-net-worth individuals, with an emphasis on enhanced security and personalized benefits. Mastercard said the partnership will help increase cashless transactions in Saudi Arabia; its survey showed that 77% of surveyed small and medium-sized enterprises accept online payments, 67% accept card payments and 54% accept mobile payments.