Emirates Bank showcases its service suite at Gitex05

Emirates Bank unveiled its Etisalat instant payment services via cash deposit machines at Gitex this week.

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By  Sarah Campbell Published  September 26, 2005

Emirates Bank unveiled its Etisalat instant payment services via cash deposit machines at Gitex this week. The new payment services complement Etisalat’s existing online service. The facility enables consumers to make payments to Etisalat accounts for telephone bills, internet bills, GSM bills, Wasel recharge and Wasel renewal. “This Gitex, Emirates Bank has a cohesive presence with its subsidiaries and partners, and is demonstrating its collective ability to cater to individual customers, as well as corporate clients, by unveiling a new portfolio of trading tools, banking products and outsourcing capabilities,” says Abduallah Qassem, general manager, IT operations. E-Commerce and Trade Services Middle East, a joint venture company between Emirates Bank and ECTS Ltd, is participating in the Emirates Bank stand to run an end-to-end demonstration of its trade finance outsourcing solution, while Network LLC, a member of the Emirates Bank Group of companies, has been demonstrating its Europay MasterCard and Visa certified card processing and issuing solutions. Network International, in association with the Emirates Bank Group, recently inaugurated the region’s first EMV certified personalisation centre. The company is the first independent vendor certified by both Visa and MasterCard for card payments in the region. Both Visa and MasterCard follow a rigorous system of EMV certification processing, covering all components in a smart card solution, namely chip, card, operating system and application software, terminals, personalisation of cards, network interface validation and terminal integration. Getting certified implies that Network International is compliant with the guidelines laid down by the card schemes and can now personalise the full spectrum of VSDC/MCHIP cards. Emirates Bank is now looking to further expand its products and services portfolio through its subsidiaries and partners. “The bank invests heavily in research and development and strives to deliver targeted products and services to different demographics and is committed to providing superior service to its clients. Much of our strategic advantage stems from the state-of-the-art information technology infrastructure that underpins our banking services, and Gitex is an ideal platform for us to showcase our IT-oriented products, services and capabilities,” Qassem says.

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