Alain Finance, a non-public joint inventory firm that makes a speciality of designing and providing different financing options to small and medium enterprises (SMEs) throughout the UAE, has introduced the launch of its bank card choices within the UAE and collaboration with Community Worldwide (Community), the main enabler of digital commerce throughout the Center East and Africa (MEA) area.
Community Worldwide supplies cost options to over 200 monetary establishments within the MEA area. The corporate’s end-to-end card answer for Alain Finance consists of high-quality value-added providers similar to 3D Safe, Straightforward Cost Plans (EPP) at factors of sale, Card Management, and loyalty providers. Community can even help Alain Finance with the required capabilities for advert hoc issuance of playing cards in digital format for Google Pay and Apple Pay, according to Alain’s goal of changing into a number one digital participant.
With services and products starting from asset financing similar to loans in opposition to POS and medical factoring to company account administration and commerce finance, Alain Finance will now be capable of streamline all its credit score cost operations by means of Community’s industry-leading platform, whereas additionally with the ability to focus its assets and manpower on growth and inventive options growth.
Commenting on the partnership, Navneet Dave, Regional Managing Director – Processing for GCC mentioned, “We’re thrilled to be collaborating with Alain Finance and driving fintech innovation as an important a part of enterprise operations, enabling them to not solely provide their clients seamless experiences however to additionally streamline day by day industrial actions for a extra profitable future.”
“The previous 5 years have seen a drastic shift in how clients understand monetary service corporations, resulting in an elevated demand in digital proficiency. We’re proud to be supporting the retail finance ecosystem wants of companies like Alain Finance, offering modern options to assist them provide their clients value-added providers whereas additionally boosting their operational effectivity throughout the board,” Navneet added.
Abdulaziz Alshareef, CEO of Alain Finance mentioned, “This partnership represents one other milestone achievement within the firm’s mission to help the UAE financial system by means of an modern, client-oriented, and business-friendly method, and Community Worldwide is the most effective digital commerce supplier within the UAE that serves our objective.”
“We predict additional demand for bank cards within the coming years, particularly with the UAE authorities’s help to additional facilitate using digital funds within the nation by means of growing and increasing the cost acceptance infrastructure and rules within the nation,” he added.
