areeba and Visa announced the winners of their joint awareness campaign that was held across the educational sector in Lebanon from September 2019 to September 2020. An electronic draw was organized on October 15 2020 at areeba’s premises in the presence of a National Lottery Representative. The year-long campaign continued as planned to help accelerate the transformation into cashless payments and achieve financial inclusion.
Students and parents who settled their tuition fees using their Visa card either on areeba POS, or online via areeba’s Payment Getaway, were able to enter a draw to win vouchers from Virgin Megastore. One hundred Visa cardholders from various Lebanese banks won 500 USD electronics voucher from Virgin Megastore each, and four (4) educational institutions won 5,000 USD electronics voucher from Virgin Megastore each.
On this occasion, Ramzi Saboury, Chief Commercial Officer at areeba, said: “Despite these difficult times we are going through, we have been able to spread the culture of electronic payment in the educational sector thanks to this joint campaign with Visa We have raised awareness among all parties, whether students, parents, or the educational administrations, on the flexibility of a fast and secure payment tool to settle tuition fees. During these trying times, we are proud to support the Lebanese educational sector and the students with modern solutions and rewards.”
Mario Makary, Visa Country Manager for Lebanon and Iraq, said: “At Visa, we are committed to making a positive and sustainable impact in the communities in which we operate. Globally and regionally we are seeing a growing trend of adoption of cashless payment solutions and the education sector is equally to benefit from this trend. We are proud to partner in this initiative that opens up new segments to the benefits of the convenience and security of cashless solutions, and which will serve as a catalyst to accelerating the adoption of cashless payments and achieving financial inclusion among all citizens.”
The names of the winners will remain undisclosed due to banking secrecy.

About Visa Inc.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.

About areeba
areeba is an electronic payment technology company licensed by Visa and MasterCard and has an agreement with American Express. Established in 2017, areeba adopts latest technology and provides solutions and payment services to banks, governments and merchants to suit their aspirations and needs. areeba offers services tailored to global requirements, from card issuance and management, non-contact payment solutions, contactless and mobile payment, 24-hour contact center services and co-branded programs. It also provides merchants and governments with the latest e-commerce platform and point-of-sale machines that adopt the highest standards and safety systems. areeba operates a wide range of loyalty programs, including: collecting points and miles, cashback programs, and providing consultancy services for the planning, design and development of electronic products and payment solutions. areeba’s philosophy is based on three core principles: upgrading technology to higher levels, innovation in products and services, and establishing reliable and long-term relationships with its customers.

For more information, visit www.areeba.com, or @areebalebanon on LinkedIn, Facebook or Instagram.
Media Contact:
Nouchka El Hage
+961-1-954325
nhage@areeba.com

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