Card­less, Mo­bile-free POS Pay­ments Across the UAE in 2016

Arabnet - The Quarterly - - Industry Stories -

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.

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