Cardless, Mobile-free POS Payments Across the UAE in 2016
Quisk Middle East FZ LLC, a global payments technology company specializing in digitizing cash, has signed an agreement with Network International, the leading payment solutions provider in the Middle East and Africa, to deploy an innovative new cashless, cardless and mobilefree payment method. The next generation solution, led by Dubai Smart Government (DSG) and developed by Quisk, will be deployed by Network International across its points of sale (POS) merchant network in the UAE in 2016. The payment service is part of DSG’S mission to create innovative solutions that will boost Dubai’s overall economic welfare and global competitiveness, while contributing to social progress, according to H.E. Wesam Al Abbas Lootah, CEO of DSG. The cloud-based Quisk solution utilizes mobile phone numbers and a secured PIN to create and access a new type of digital cash account. The solution does not require smart phones or mobile operator services and can be used for physical and online payments for a wide variety of transactions including retail, government services and bill payments.