02 February 2014 – International not-for-profit trade association, Prepaid International Forum (PIF), today announced programme highlights for its Middle East Chapter meeting at the Dusit Thani Dubai on Wednesday, 12 February 2014.
The opportunity to position prepaid as a sustainable payment solution in key segments such as youth and the unbanked is rapidly emerging, as is the potential for prepaid to enhance financial inclusion. It is against this backdrop that PIF will provide meeting delegates with an in-depth look at the role of BIN Sponsors and programme managers. Titled “Business Models and BIN Sponsorship 101,” the presentation will provide a high-level description of business model options and case studies on successful programmes.
Discussion will also focus on how the industry can work together to promote and demonstrate the benefits of prepaid products and the positive role prepaid plays in the financial services space. The meeting will be chaired by Dr. Saleh I. Al-Furaih, Business Strategy Director, Al Rajhi Bank, and the opening address will be given by Robert Courtneidge, Chairman and Co-Founder of PIF.
Launched in 2013 under the patronage of TSYS®, PIF Middle East aims to help shape and promote the development of prepaid in the region. Founder members of the Chapter include Visa, Al Rajhi Bank and The Saudi Investment Bank. PIF Middle East is part of a global network for industry thought-leadership. Members meet regularly and have access to a range of member services and resources including white papers and industry guidance and informed perspective on key emerging global developments for prepaid.
PIF Chairman Robert Courtneidge said, “The opportunity for prepaid in the Middle East is vast and the need for a neutral body that works proactively to encourage and stimulate growth has never been stronger. I look forward to joining our Middle East Chapter colleagues in February to build on the steps we are taking to advance the industry.”
The PIF Middle East Chapter meeting will be held at the Dusit Thani Dubai from 09:00-14:00 on Wednesday, 12 February 2014.
To learn more about this meeting and becoming a member of PIF Middle East, please contact
Head of Member Relations
Prepaid International Forum (PIF)
T: +44 (0) 7736 971986
Prepaid International Forum (PIF) is a global not-for-profit trade association established to represent the interests of all parties involved in the issuance of prepaid products and services. It acts as principal point of liaison between the industry and regulators, government agencies, consumer bodies and the media. PIF is dedicated to the progression of the industry and acts as a catalyst for the development of sensible industry guidelines and codes of best practice. To learn more please visit www.prepaidforum.org
About TSYS (Regional Patron)
At TSYS, (NYSE: TSS), we believe payments should revolve around people — not the other way around. We call this belief “People-Centered Payments SM.” By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend, a TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Georgia, with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS provides services to more than half of the top 20 international banks, and has been named one of the 2013 World’s Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more please visit us at www.tsys.com.
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If you would like more information about PIF, please contact Diane Brocklebank at +44 (0) 7736 971986 or email at email@example.com.