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Banking & Finance

OMA Emirates set to enter Vietnam

Released at: 13:51, 09/09/2017

OMA Emirates set to enter Vietnam

Photo: Khanh Chi (VET)

UAE banking and retail payment solutions provider catches attention with products showcased at recent Seamless Vietnam 2017 exhibition.

by Hong Nhung

OMA Emirates, one of the UAE’s leading payments solutions providers, gained ground in its expansion plans with its attendance at Seamless Vietnam 2017, which was held in Ho Chi Minh City a few days ago.

The company showcased its homegrown solutions and service developments for the banking and retail domains, which include loyalty platforms and solutions, ATM optimization, and card personalization.

For the first time since the launch of its “Omega - A Closed Loop Platform”, visitors to the exhibition were be able to witness the new solution. Developed to support customers who are connected to the OMA Emirates network, the platform will enable them be a part of the loyalty program or pre-paid cards.

“We have been very successful with our global expansion plans over the last two years and our participation at Seamless Vietnam further strengthens our goals,” said Mr. Niranj Sangal, CEO of OMA Emirates Group. “Simultaneously, OMA Emirates has developed several new products in keeping with market trends and needs and we are now positioned to explore new markets with our entire range of solutions and services for the banking and retail sectors. We look forward to interacting with all our potential customers and have put into motion a chain of activities to connect and communicate with them.”

On the banking front, OMA Emirates demonstrated its NanoSwitch ATM, which is a secure online solution for ATM transactions. The robust solution enables the optimization of ATM management by providing transaction routing, authorization hosts, and settlement and management reports. The solution complies with strict EMV standards and is certified by major payment schemes including Visa and Mastercard.

The retail sector solutions showcased at Seamless Vietnam included the company’s B2B2C loyalty program under the brand name “Benefit Beyond”, a common branded card capable of hosting multiple loyalty programs.

Another solution accepted by the retail industry and also demonstrated is the OMA Retail Suite. The solution is a technology platform that lays the foundation for a network of retailers and consumers who can benefit from a robust low-cost loyalty program. An intranet management portal that is a fully automated ERP, it is a highly scalable system that is convenient for both large as well as smaller outlets.

The Middle East-based OMA Emirates Group is a provider to the payments industry, with cutting-edge technology solutions for card personalization, payment issuance, and payment acquiring systems through a global delivery platform.

The company aims to help businesses achieve the highest levels of efficiency by drawing on its extensive research and experience with a large profile of high-performance businesses. OMA Emirates Group, together with its strategic world class technology partners, designs and delivers a seamless customer experience. The company now has a presence in Eastern Europe, Africa, and APAC.

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