Afrasia Bank, a commercial bank in Mauritius, has introduced a new Visa Platinum Prepaid Card aimed to target local and international high-end clientele.
The new reloadable card, which serves as an alternative to credit cards, includes security features such as EMV Chip Technology, ‘Verified-by-Visa’ for online transactions and SMS alerts upon each transaction.
The Platinum Prepaid Card will allow cardholders to benefit from purchase protection and extended warranty on products purchased with the card in Mauritius and abroad.
The new card will also provide a comprehensive travel insurance package and concierge service to cardholders. It combines the benefits of a user-friendly online platform as well as Visa Platinum worldwide offers and privileges.
Additionally, Afrasia has partnered with Emergent International Payment Systems and Global Technology Partners to provide an online platform to cardholders for instant card-to-card transfers, for statement of account viewing or to block and unblock the card.
The prepaid card aims to provide high end customers a host of privileges, ranging from discounted shopping at above 200 worldwide luxury brand outlets to exclusive offers at luxury hotels.
The card is currently available in Mauritian rupees, with plans to launch in US dollars and Euros soon.
AfrAsia Bank CEO James Benoit said: "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."