ezetop Signs International Mobile Top Up Deal With Al Rajhi Bank

ezetop, the largest provider of international mobile top up, has signed an agreement with Saudi's Al Rajhi Bank allowing customers to avail the service through 500 branches, more than 3,300 ATMs and 27,000 point of sales.

The announcement was made during the Enterprise Ireland Trade and Investment Mission to the Kingdom of Saudi Arabia, Qatar and UAE.

Saudi Arabia has over 7,000,000 expats working in the Kingdom and ezetop's international mobile top up service will be available for them to send 24 hours a day through the Al Rajhi Bank network.

The news marks a significant step forward as ezetop continues to break new ground by offering its product to the leading financial and telecommunication companies worldwide.

ezetop was established in Ireland in 2006 and enables people living abroad to send mobile phone top up instantly to family and friends back home in over 100 countries.

Top up services are available through www.ezetop.com, white label websites, and a range of smartphone apps. Customers can also send top up from over 450,000 retail locations across 20 countries.

Mark Roden, Chairman and CEO, ezetop said, ''I am happy to announce a new partnership between ezetop and Al Rajhi Bank; the leading retail bank in the Middle East. 

Al Rajhi Bank customers will be able to send international mobile top up to their family and friends wherever they are in the world through more than 3,300 ATM's around the Kingdom of Saudi Arabia.

Our partnership will further expand in 2014 to include 130 Al Rajhi Bank remittance centers in the Kingdom.

''This highlights our ongoing commitment to make it easier for our customers to stay in touch with their loved ones back home through the leading retail channels".

Speaking in Riyadh during his trade mission to Saudi Arabia, the Taoiseach Enda Kenny said: 'The announcement of this new contract between Ezetop and the Al Rajhi Bank confirms the strong reputation and high regard for Irish companies in this market.

Ezetop is an example of a highly ambitious and innovative company that continues to win new clients in the region. I wish them and their partners every continued success'.

Speaking on the trade mission Minister for Jobs Richard Bruton TD said: "ICT is a sector which we have targeted as part of the Government's Action Plan for Jobs, and Irish companies play an increasingly important role in this sector.

Today's announcement by Ezetop that it has signed a major agreement with Saudi's Al Rahji Bank is very welcome and shows what is possible for Irish companies in this region".

www.ezetop.com

About Al Rajhi Bank 

Founded in 1957, Al Rajhi Bank is one of the largest Islamic banks in the world with total assets of SR 267 billion (US$ 71.2 bn), a paid up capital of US$4 billion and an employee base of over 8,400 associates. 

With over 50 years of experience in banking and trading activities, the various individual establishments under the Al Rajhi name were merged into the umbrella 'Al Rajhi trading and exchange corporation' in 1978 and it was in 1988 that the bank was established as a Saudi share holding company.

Deeply rooted in Islamic banking principles, the Sharia compliant banking group is instrumental in bridging the gap between modern financial demands and intrinsic values, whilst spearheading numerous industry standards and development.

With an established base in Riyadh, Saudi Arabia, Al Rajhi Bank has a vast network of over 500 branches, over 100 dedicated ladies branches, more than 3,300 ATM's, 25,000 POS terminals installed with merchants and the largest customer base of any bank in the Kingdom, in addition to 130 remittance centers across the kingdom.

The first men's branch was opened in Aldirah in 1957, with the first ladies branch being opened in AlShmaisi in 1979.