IndusInd Bank Limited has teamed with Worldpay to offer domestic acquiring services in India. Worldpay already offers local acquiring across 45 countries and by having a partnership in India, the company will be able to acquire Indian merchants domestically.
The National Bank of Abu Dhabi (NBAD) says McDonald’s diners looking to order online can now pay using MasterCard’s digital service – MasterPass.
UnionPay International and the Central Bank of UAE inked an agreement over ATM cooperation recently in Abu Dhabi, agreeing to enable UnionPay card acceptance by all ATMs in the UAE for cash withdrawal and balance inquiry.
Etihad Airways has teamed with Abu Dhabi Islamic Bank (ADIB), to launch of the new Etihad Guest card with walletplus, a reloadable multi-currency prepaid Visa account feature that lets travelers earn Etihad Guest Miles as they shop at Visa merchants worldwide, with the ability to choose from 11 currency options to lock-in rates before travel.
The National Bank of Abu Dhabi has implemented NCR SelfServ 91, a new hardware platform that will help NBAD transform its branches and extend its retail banking footprint. As the latest in branch banking technology from NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, NCR SelfServ 91 is a modern, sleek, in-branch ATM that can help migrate low-value transactions from the teller line to self-service, freeing branch staff to focus on sales and customer support. When paired with next-generation NCR Interactive Banker software, SelfServ 91 can complete as much as 90 percent of typical teller transactions and connect in-branch employees to server-based software that delivers fast, real-time customer and transaction data to tablet PCs.
Abu Dhabi-based First Gulf Bank has partnered with UK-based Monitise to launch new mobile banking services to consumers in the Middle East. First Gulf Bank has been a pioneer in digital banking and is convinced the future lies in mobile. Roughly 28 million consumers benefit from Montise’s patented technology to ‘bank anywhere’, ‘pay anyone’ and ‘buy anything’, accounting for $71 billion of payments, purchases and transfers annually among 3.4 billion mobile transactions.
The UAE Central Bank and the Emirates Identity Authority have discussed the means of enhancing their co-operation as regards using the smart ID card and activating its advanced applications in the financial sector across the UAE. The meeting discussed forming a joint committee between the UAE Central Bank and the Emirates ID to draft a strategic co-operation agreementthat includes a number of initiatives aimed at promoting the culture of digital ID and knowledge-based economy and enabling the UAE Central Bank to upgrade the performance of the UAE financial sector and protect the identity of customers by capitalizing on the infrastructure of the ID card project and the advanced technical features of the ID card.
PointsPay mwallet/mpayment solution was launched in October in conjunction with Etihad Airways, converting virtual currency such as miles and points into over 150 global currencies for use as payment at over 30 million merchants worldwide. PointsPay shows a rapid upswing of user adoption with 2.6% of the active program members registered; 148,000,000 points loaded (growing at 47% monthly); 3,400 prepaid cards issued; 24% of transactions carried out at merchants in store; and 83% of members remain with a positive points account balance after a transaction PointsPay was used at over 1,200 different merchants worldwide in 62 countries.
Etisalat has upgraded its PCI DSS certification for the Etisalat Payment Gateway. Etisalat’s Payment Gateway infrastructure was assessed by Paladion, the Qualified Security Assessor (QSA), recognized by PCI Security Standard Council. Paladion certified Etisalat’s compliance with PCI-DSS V2.0 as a payment service provider. Etisalat Payment Gateway is one of the first eCommerce Payment Service Providers in the region to have acquired PCI-DSS 2.0. Paladion worked closely with Etisalat to implement practical and cost effective solutions and processes to ensure 100 per cent compliance to the standard. This achievement clearly distinguishes Etisalat from its competitors and ensures the organization remains the best payment services option for its customers and end-users.
The UAE Exchange inaugurated its 600th branch globally, in Dubai. This as the UAE Exchange expanded its network in Asia, Africa and Europe by commencing operations in China, Malaysia, Ireland, Botswana, Seychelles, Kenya and Morocco. UAE Exchange offers technologically backed high quality services like Xpress Money, the favourite global instant money transfer service with over 135,000 payout locations in more than 125 countries; FLASHremit, the real-time bank account credit service; Money2anywhere.com, the convenient online money transfer portal by which money can be sent to any corner of the world in just a few clicks from an internet environment anywhere; Smart Pay, the leading payroll solution; gocash, the prepaid travel card; and XPay, the online bill payment service using mobile phone.
GuestLogix onboard retail and payment technology solutions to airlines and the passenger travel industry is set to deploy its onboard retailing technology and POS handheld devices to power Jet Airways’ in-flight duty free program, JetBoutique, in conjunction with Inflight Sales Group (“ISG”), a global pioneer of airline concession operations. The Jet Airways implementation represents more than 14 million annual passenger trips for GuestLogix. The Indian carrier will use the integrated solution to manage cash and credit card payments of duty free items onboard.
OpenWay Group, provider of “WAY4” payment processing software is launching its multi-channel banking solution at the Cards and Payments Middle East conference and exhibition, May 15-16. Here the company is delivering a speech on major challenges and tips for driving businesses and bringing new payment experience to bank customers. The OpenWay universal financial hypermarket is illustrated by WAY4 Multi-Channel Management, mobile and Web banking, ATMs and self-service kiosks is set to take place in Abu Dhabi. OpenWay Group is an international software developer and is ranked as the leading vendor for tier 1 banks and payment processing companies.