Sharjah,
United Arab Emirates, July 10, 2017: OMA Emirates, a provider of cutting edge
technology for the payment industry has recently completed the deployment of
Ingenico Point of Sale (POS) terminals for Mashreq Bank in the UAE. The
terminals which meet with the bank’s specific requirements for superior
performance will provide new, secure and a wider range of services for their
customers in a cost effective manner.
Mashreq leads
the path by embracing innovative technology to strengthen their business
strategy. The new POS terminals that are supported with customized solutions
will provide a robust system for the range of cards including magstripe,
contact and contactless. Mashreq Bank is now equipped with Ingenico IWL series
which are wireless terminals that are supported by the broadest connectivity
capabilities such as GPRS, Wi-Fi, 3G and Bluetooth to accept any payment
methods.
Pankaj Kundra, Head of Personal
Banking, Cards and Payments at Mashreq
Bank comments, “We are delighted to partner with OMA,
a state of the art technology solutions systems provider to combine forces and lead
the technology space with innovative ways to bank. As the banking sector
becomes increasingly focused on customer experience rather than branch
footfall, it’s important to ensure that all our innovations are tailored to
meet customer expectation, demand and convenience. We are excited to be rolling out our new and
improved system offering customers multi-use POS terminals to bank at ease. Partnering
with OMA Emirates has moved the bank one step ahead, equipping Mashreq with the
safest and highest technology standards to ensure top customer experience.”
“As one of
the largest partners of Mashreq Bank’s acquiring business strategy, OMA
Emirates understands their need to combine advanced technologies that are
secure, geared for reliable connectivity and able to support merchants with
value added services. The new smart terminals that have been deployed adhere to
the strict PCI standard and supports payment methods across all channels
in-store via EMV, NFC, as well as e-Wallet while also providing merchants with
online payment opportunities,” said,
Niranj Sangal, Group CEO, OMA Emirates Group.
The new
terminals supplied to Mashreq Bank brings in value additions to merchants with
their higher security systems while protecting sensitive customer data.
Besides, it provides them several other services that can be added to the
terminals which include loyalty programs, etc. Additionally, the terminals can
be customized to accept EMV, contact and contactless cards. More over with the
multi-services provided, merchants can now focus on their core business and are
relieved from payment complexities.
OMA Emirates provides
Mashreq with strong support to ensure that the deployed terminals are well
maintained and guarantees smooth operation and helps the bank optimize the user
experience.
