'Boubyan' Strengthens Banking Services with 'Kita' Partnership

As part of its strategy to develop the corporate banking ecosystem and support small and medium-sized enterprises (SMEs), Boubyan Bank announced a strategic partnership with Keta, the leading global platform for delivering daily orders and needs. The partnership enables corporate banking clients, particularly restaurant and café owners in Kuwait who are new to the platform, to benefit from a suite of banking, digital solutions, and exclusive perks that support their daily operations, enhance operational efficiency, and boost growth opportunities. This collaboration extends Boubyan’s vision of building an integrated corporate banking system that combines banking services, digital solutions, and specialized partnerships, aligning with the needs of SME owners and helping them manage their banking transactions easily and around the clock.

The agreement was signed in the presence of Abdullah Al-Majhem, Deputy Chief Executive Officer for Private and Personal Banking at Boubyan Bank, and Max Chew, General Manager of Keta in Kuwait, along with several senior executives from the bank and company representatives.

Under the partnership, eligible Boubyan corporate banking clients will enjoy a range of benefits, including:

- A Boubyan Visa Business Credit Card offering unlimited cashback of up to 1.5% on purchases made with the card, along with exclusive perks.

- POS devices and SoftPOS solutions that enable payment acceptance via point-of-sale terminals or using smartphones as mobile POS terminals.

- Tip & Tap, the most innovative, advanced, and secure digital tipping payment method.

- Split Bill, a service that allows bills to be divided and each share to be paid separately and instantly through the POS terminal.

- ePay, an electronic payment collection service.

- A digital payment gateway, providing business owners with multiple options for accepting and collecting payments.

Through Keta, the bank’s restaurant and café clients will access services that help enhance their visibility to customers, including free professional photography of food and beverage menus and priority placement within the app. These exclusive benefits are designed to meet the daily operational needs of restaurants and cafés, both in-store and through digital channels, while offering broader opportunities to strengthen their presence via integrated payment, delivery, and platform visibility services.

Commenting on the partnership, Al-Majhem stated: “The SME sector plays a vital role in supporting economic activity. At Boubyan, we are committed to developing our corporate banking services to keep pace with evolving needs, providing business owners with practical solutions that help them manage their operations efficiently and capitalize on growth opportunities.”

He added: “This strategic partnership with Keta reflects the bank’s approach to building strategic relationships with specialized service providers and delivering value closely tied to the nature of our clients’ businesses and daily needs. Restaurants and cafés are among the sectors experiencing continuous evolution in payment methods, delivery services, and customer engagement. Integrating banking and digital solutions with specialized platform services significantly supports business owners in this dynamic environment.”

He concluded: “We believe that meaningful partnerships achieve their impact when they are rooted in a deep understanding of customer needs and seamlessly complement the services we offer.”

In this partnership, Bayan’s banking and digital solutions converge with Kita’s delivery services to enhance the presence of our restaurant and café clients on the app, providing them with a suite of tools to help manage their payments and expand their reach to customers. For his part, Max Chiu, General Manager of Kita in Kuwait, said, “This partnership marks an important step in Kita’s journey in Kuwait. It is the first of its kind in the market between a bank and a delivery platform, combining Bayan’s banking expertise with Kita’s delivery and technological capabilities to serve a sector that forms a cornerstone of the local economy.”