1.3.3. Juristic Persons Payment products
| No: BCT/15631 | Date(g): 2/5/2012 | Date(h): 11/6/1433 | Status: In-Force |
Juristic Persons payment products are used by corporations (which include all appropriately licensed juristic institutions or entities and the like) to facilitate procurement; distribute compensation or benefits to employees, customers or beneficiaries.
Examples of Juristic Persons payment cards programmes are as follows:
| a) | Payroll cards | ||
| b) | Employee benefits cards (Health care, transit, etc.) | ||
| c) | Customers incentive cards | ||
| d) | Procurement accounts/payment products |