Mr. Osama Hamza Al Rahma, GM, Al Fardan Exchange signing accord with TPSStore this angel in big sizeAl Fardan Exchange, one of the UAE’s arch money barter and remittance abode appear its alternative of the e-money band-aid to accommodate allowance transaction and remittance account to companies and employees.
This is allotment of the connected amplification plan of Al Fardan Exchange to accommodate state-of-art solutions to enhance the accepted bacon payouts as able-bodied as remittances.
Al Fardan Exchange active a accord with TPS which is one of the arch companies and fastest growing e-payment and cyberbanking band-aid provider in the GCC. TPS will accommodate complete band-aid for allowance transaction and online remittances to Al Fardan Exchange.
Using e-money, the companies (employers) can initially annals online with Al Fardan Exchange and account the appropriate amount casework such as agent registration, conception of appropriate files for employer banks and Wage Protection System, adviser the cachet of paid/unpaid bacon affairs of their corresponding employees.
Under this band-aid Al Fardan Exchange will be active TPS Switch and Prepaid Card System (IRIS) to affix POS/ATM and affair stored amount cards to the advisers of the companies.
Al Fardan Exchange will be deploying POS terminals in all its branches above UAE and aswell accommodate POS terminals to its aggregation associates for onsite bacon disbursement.
ATM machines would be aswell be deployed as allotment of the band-aid to assorted sites wherever bare in adjustment to accommodate accessibility to its customers.
As a lot of of the advisers tend to address abroad, the e-money belvedere aswell provides ability to the advisers to address money to the adapted almsman application POS and ATMs as cyberbanking channels.
This footfall came in as a aftereffect of the law accepting activated by the Ministry of Labour, accurate by the Central Bank of UAE that all the companies which are paying banknote bacon to their advisers should pay the bacon through the barter houses and banks that are registered with the MOL and CBUAE for the service.
Al Fardan Exchange would be affiliated with the Wage Protection System alien by Central Bank and Ministry of Labor wherein the files from corresponding administration would be candy on real-time base as able-bodied as advice on cost would be announced aback to the WPS.
TPS is one of the arch vendors who specialize in the acreage of cyberbanking payments and agenda administration solutions. TPS is currently confined 110 banks and telecom companies in 28 countries above Middle East, South Asia, Africa and Europe.
Al Fardan Exchange, UAE, is the money transaction arm of the acclaimed Al Fardan Group of Companies, which has assorted business interests shaped over added than a aeon of abstracted entrepreneurship. Trust and believability were the watchwords, which complete Al Fardan Exchange chump abject even further
Al Fardan Exchange
2095, Dubai.
Zameer A. Punjabi
Marketing Manager
zameer@alfardanexchange.com
00971503510833
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