FH introduces real-time payment services in UAE

Abu Dhabi: Finance House (FH), one of the UAE’S leading financial institutions, has signed a first-of-a-kind agreement with Global Sotware Solutions Group, a Uae-founded sotware solutions organisation, to offer real-time payment services in the UAE.

This partnership will contribute to further shaping the UAE’S growing Fintech sector.

Finance House’s new vision is to empower its customers to become their own personal bankers by making all financial services available through all of Finance House’s digital plaforms.

The new real-time payment services will be artificial intelligence (AI) driven and will allow customers to issue “instant payments”, including local transfers and disbursements, any time of the day, any day of the year.

Consequently, customers will enjoy a significantly elevated financial experience with shorter waiting times, as well as faster, safer, and more secure transactions.

“With the UAE leading Mena’s Fintech market, we are proud to partner with Emirati-founded Global Sotware Solutions Group to offer our clients a service that has not yet been implemented anywhere in the region,” said Mohammed Abdulla Alqubaisi, the Founder of Finance House.

As we harness the power of artificial intelligence to future-proof our business, we thank the UAE Government for actively driving the market’s digital transformation and optimizing its payment tools. In addition, we are proud to partner in this field with one of our national companies in support of its endeavor to dominate this promising market,” added Mohammed Abdulla Alqubaisi.