Secure mobile app for all digital transactions lands in MEA
Og Money app aims to provide users with an array of financial applications
One Global has unveiled a mobile app, dubbed as a single, secure platform for all digital financial services across the Middle East and Africa.
The app, Og Money, aims to provide users with mobile wallet capabilities, banking, merchant and checkout facilities, virtual stores and turnkey dealer solutions.
Mohammed Al-Rashidi, founder and CEO at One Global, said: "Og Money acts as a seamless platform to connect consumers, banks, telecommunication operators, foreign exchange providers and merchants, all via the convenience of a mobile phone. Broadening access to financial services through digital platforms like Og Money can help boost trade, reduce poverty, empower women and unlock societal-wide economic benefits."
He added: "Og Money opens up a world of opportunity for people without credit facilities, while also connecting businesses with vast, untapped customers in emerging markets. That's why we have engineered Og Money to be the most secure, reliable, user friendly and convenient one-stop-shop app for facilitating digital transactions and boosting the cashless economy."
The Og Money platform, formerly known as PayIt, already has 900,000 customers across the region.
One Global is a Microsoft partner and Og Money has received official authorisation and compliance certification from the Central Bank of Bahrain, Kuwait Finance House, Warba Bank in Kuwait, Bank Misr in Egypt, and Tadhamon International Islamic Bank in Yemen. It is also PCI/DSS compliant and maintains the highest security level within the financial services industry.