Isracard is an Israeli credit card company that offers a variety of services. It is a publicly traded company on the Tel Aviv Stock Exchange. It provides issuing and acquiring services to merchants for major credit card brands. It also offers loans and credit solutions.
The company plans to upgrade its points of sale in Israel to allow Apple Pay. This will require cooperation with competitors ICC-Cal Ltd (Visa) and Leumi Card Ltd.
Isracard is a credit card company
Isracard has launched an innovative new service called ANYPAY that allows customers to pay for goods and services using their mobile phones. The system is available to Isracard clients with Mastercard credit cards and Android smartphones. Customers can make payments simply by placing their card or sticker (or in the future, their cell phone) next to a point-of-sale device.
The company plans to upgrade the points of sale in thousands of stores and restaurants across the country as part of a pilot program that started earlier this year. The company will also sign cooperation agreements with cellular companies Partner Communications Ltd., Cellcom Israel Ltd. and Pelephone Communications Ltd. The agreement is designed to help the three companies agree on an economic model for clearing cards by cell phone.
Isracard is one of the most prominent credit card companies in Israel. In addition to issuing and clearing debit cards, it offers credit and financing services. The company has a number of apps that allow users to pay for things with their mobile phone. These apps include Apple Pay, Garmin Pay and Topcash. App Data correlates with certain company financials and, since the apps are updated frequently, it can be used to predict trends in these metrics. The company also offers a variety of credit solutions for small businesses.
Isracard offers credit cards
Isracard is an Israeli credit card company, offering financial services, including issuing and acquiring debit cards for merchants, loans and credit solutions. It is headquartered in Tel Aviv and is listed on the Tel Aviv Stock Exchange. The company also provides mobile payment and digital payment options. Its apps and services are available to businesses, banks and customers.
Using App Data, we can see that Isracard has a good customer retention rate and is growing at a steady pace. This is a good sign that the company’s business model is working well. Moreover, it is also profitable.
The company’s main income source comes from issuing and clearing various branded debit cards and from financing. In addition, it charges users fixed annual fees and commissions on transactions.
In the next few months, Isracard will upgrade its points of sale in Super-Pharm stores and Aroma cafes across Israel to use Mastercard’s contactless system. This will enable customers to make payments simply by placing their card or sticker (and soon their cell phone) near the POS device.
In a similar move, Israeli insurance group Harel has agreed to buy Israel’s largest credit card company Isracard at a valuation of NIS 2.9 billion. The deal will be subject to approval from Isracard shareholders and the Israel Competition Authority, which recently approved Clal Insurance Enterprise Holding Ltd’s plan to acquire a controlling stake in Israeli credit card company Max from Warburg Pincus.
Isracard offers prepaid cards
Isracard, the leading credit card company in Israel, has partnered with First Digital Bank to offer its customers international cards. The partnership is an important milestone for both companies as it will help to promote the new digital bank and its products in the market. The cards that will be offered to the customers of First Digital Bank will be issued under MasterCard, which is an established brand in the financial industry. The partnership between the two companies will enable them to compete with other digital banks and fintech entities, such as Starling Monzo, N26, and Revolut, which also use MasterCard as their debit cards.
In 1996, Isracard shifted its marketing strategy from local cards to MasterCard cards in order to gain advantage over its competitors. The company also blurred out its local logo and combined its local cards with its international ones. This model was successful for Isracard, as the company earned higher clearing fees from merchants who cleared the prepaid cards.
Isracard’s mobile application offers several benefits to its customers, including the ability to report a lost or stolen card and the option to increase your credit facility without having to contact a representative. The application also provides useful insights and information on activity on the card, making it easier to manage expenses. This app is available for both iPhone and Android phones.
Isracard offers insurance
Isracard is an Israeli company that offers credit cards, loans, and credit solutions. The company was founded in 1975 and is headquartered in Tel Aviv-Yafo, Israel. Its portfolio includes Isracard, Europay, Aminit, and American Express Israel. Isracard also offers mobile and Internet banking services. The company has a total of 291 employees. Its revenue in the last year was over $22 million. Its net income was $5 million in 2022. Isracard has also received funding from private investors, including Harel Insurance Investments & Financial Services.
The company’s mobile and online banking platform provides credit cardholders with the convenience of accessing their accounts through their cell phone or tablet. In addition, Isracard offers its customers various benefits and discounts in thousands of stores throughout the country. The company has a number of other products and services that help its customers manage their finances, including loyalty programs and personal card design.
Isracard is a publicly-traded company with a market cap of about $700 million. Its shares are traded on the Tel Aviv Stock Exchange (TASE). The company’s apps have over 100’000 downloads. However, it has less than 10’000 reviews on Google Play, which is a bit low for a company of its size. Prospecting made easy with our Chrome extension. Discover contact details in less than 30 seconds. Trusted by 500K+ users globally.ישראכרט טלפון