https://adgully.me/post/3974/e-money-and-ericsson-partner-to-fortify-the-fintech-service-in-the-uae

E& money and Ericsson partner to fortify the fintech service in the UAE

e& money has partnered with Ericsson (NASDAQ: ERIC) for a strategic multi-year partnership to strengthen and expand their fintech platform. Through Ericsson’s leading fintech solution, the Ericsson Wallet Platform, will bolster e& money’s infrastructure, making it more secure and reliable to manage transaction processes effectively.Founded on cutting-edge security technologies and the principles of an open architecture framework the Ericsson Wallet Platform will provide secure and personalized financial services to a wide range of users through a variety of digital channels. The modernization and expansion of the platform marks a pivotal moment in e& money's evolution as it aims to become a financial super app in the region's flourishing fintech sector.e& money empowers citizens and residents in the United Arab Emirates (UAE) with secure, convenient, and swift payment solutions delivered through an intuitive mobile application. e& money extends its services to encompass businesses and individuals from all segments of society facilitating seamless digital transactions and payments. The wallet offers a wide array of services, ranging from international and local transfers, prepaid cards, payment processing and gifting.Melike Kara Tanrikulu, Chief Executive Officer, e& money says: "Our collaboration with Ericsson is aimed at ushering in a new era of fintech reliability. This joint endeavour underscores e& money's commitment to enhancing digital experiences and equipping individuals and businesses in the United Arab Emirates with reliable financial solutions. With Ericsson's support, we aim to set new standards in fintech, transforming the financial landscape in the region."The Ericsson Wallet Platform supports over 400 million registered mobile wallets and processes more than 2.8 billion transactions worth over USD 40 billion every month through communication service providers and financial institutions globally. With open architecture and easy integration, the Ericsson Wallet Platform will enable e& money to discover new revenue streams and expand services as it advances digitization of financial transactions and fosters economic growth in the UAE.   Ekow Nelson, Vice President and Head of Global Customer Unit for e& at Ericsson Middle East and Africa says: "Our partnership with e& money is long-standing with a joint commitment to revolutionize fintech across the United Arab Emirates. We aim to empower individuals and businesses with secure, efficient, and inclusive financial services. Our Mobile Financial Services platform combine the power of mobile communication and financial services and will provide e& money with the tools needed to elevate its capabilities. This will allow e& money to offer easy-to-use and secure next-generation mobile money, digital wallet, and digital payment services. We are committed to supporting e& money in transforming the fintech landscape in the country, driving economic growth, and delivering convenient mobile financial services that are aligned to a digital lifestyle of today’s consumers.”With pioneering technologies and a shared commitment to financial inclusion and well-being, Ericsson and e& money remain committed to delivering secure and innovative solutions that empower and transform the region’s financial landscape.
https://adgully.me/post/2736/e-money-introduces-samsung-wallet-to-elevate-customers-purchasing-experience

E& money introduces Samsung Wallet to elevate customers’ purchasing experience

Dubai: e& money, the fintech arm and financial super-app of e& life, today announced that customers can now use their e& money cards in Samsung Wallet, a digital wallet solution that allows mobile payment services and more, to complete secure contactless payments at several online and in-store outlets around the world.The partnership seeks to create a seamless and secure digital payment ecosystem and accelerate a convenient and comfortable lifestyle for UAE residents by integrating mobile payment solutions with the e& money card.Samsung Wallet is a quick, easy, and secure way for users to complete payments. It will be equipped with additional features in the near future, including the ability to store sensitive documents such as IDs, electronic keys, and boarding passes with just one swipe.The introduction of Samsung Wallet is part of e& money’s continuous commitment to enhancing services and improving the payment experience for customers. This addition aims to provide customers with a secure, fast, and convenient mobile payment experience, further elevating their journey towards hassle-free transactions.e& money enables every resident in the UAE to obtain a card within 10 seconds by simply registering on the e& money application. Every customer is instantly issued a 16-digit Mastercard- branded e& money card, packed with a rewarding programme that currently offers a 1% cash reward on every card payment. With this launch, the card can be added to Samsung Wallet within seconds to enjoy contactless payments, both in-store and online.Khalifa Al Shamsi, CEO, e& life, said: “We are thrilled to introduce the Samsung Wallet to our customers, empowering them with a range of convenient and secure payment solutions through seamless integration with our platform. Our goal is to elevate the purchasing experience for our valued users by offering them cutting-edge features while ensuring their financial transactions are secure, efficient, and hassle-free. We are determined to transform how people engage with the digital world, simplifying payments and unlocking a new level of convenience and control for our valued customers.”Fadi Abu Shamat, Head of Mobile eXperience Division at Samsung Gulf Electronics, said: “Our partnership with e& money is a critical step for the brand as we continue expanding our outreach to consumers in the region so they may avail of next-generation payment solutions. We are currently working to maximise convenience by adding even more features to Samsung Wallet for our customers to benefit from seamless journeys, both in and out of the digital sphere. We look forward to this next step with e& money.”The Samsung Wallet platform is protected by strong hardware and Samsung’s Knox-based security technology to safely store sensitive information in the device, including fingerprint recognition and encryption to make sure users’ important data are protected. It also replaces sensitive data with unique identification symbols, which offers an extra layer of protection against potential digital and physical hacking attempts. To activate Samsung Wallet, customers can download the Samsung Wallet App from the Galaxy Store, log in to their Samsung account directly from the Samsung Wallet App to set their PIN and fingerprint, then tap on ‘add card’ and scan or manually enter their card number. The card can also be added to Samsung Wallet directly from the e& money application.
https://adgully.me/post/2646/e-money-launches-prepaid-card-with-cash-rewards

E& money launches prepaid card with cash rewards

Dubai:  e& money, the fintech arm of e& group, today announced the launch of the e& money card, a digital first card for the UAE market promoting financial inclusivity and advancing the vision of fostering a cashless economy.e& money card enables every resident in the UAE to obtain a card within 10 seconds by simply logging into the e& money app. Every customer is instantly issued a 16-digit Mastercard branded e& money card, ready to be used for seamless payments and ATM access. There are more than 180,000 digital cards issued until now since the launch in March.e& money is set to transform the way UAE residents manage their finances, empowering them to make secure transactions worldwide. It ensures an exceptional user experience by effortlessly integrating the e& money card with Apple Pay, Samsung and Google Wallet offering customers the convenience and speed of contactless payments. Furthermore, customers can also request the physical version of their cards for free during the launch period, which will be delivered to their doorstep within just a few days.The e& money card offers the most rewarding prepaid card loyalty programme in the UAE, providing customers with one per cent cash rewards on all card spends during the launch period until the end of 2023. This reward is unique for a prepaid card, as it is typically associated with credit cards. Moreover, customers can conveniently access cash rewards through the app, either by transferring them to the main wallet account as real cash or redeeming them in the unique e& money loyalty catalogue with the best deals including gaming and entertainment vouchers and many more.Khalifa Al Shamsi, Chief Executive Officer, e& life, said: “The launch of the e& money card marks a significant milestone in our mission to reshape the future of financial services in the UAE. By combining cutting-edge technology, seamless user experiences, and attractive benefits, such as instant digital issuance and cash rewards, we are redefining the way people access and manage their finances. Our aim is to empower individuals from all walks of life, fostering financial inclusion and enabling them to embrace the advantages of a cashless society.”e& money's commitment to customer satisfaction goes beyond its existing offerings. The company has plans to introduce new card products in the near future, catering to customers' diverse payment needs and ensuring a great payment experience for their daily transactions.“With the launch of the e& money card, we are reshaping the future of financial services in the UAE,” said Melike Kara, CEO of e& money. “Our goal is to empower all individuals, regardless they are banked or not, by providing instant access to a rewarding prepaid card that offers cash benefits. As e& money, we are proud to launch this digital first card as the first telco-backed issuer in the UAE. The e& money card portfolio is set to revolutionise the payment landscape and digital experience of consumers.”As e& money continues to innovate and expand its offerings, it remains dedicated to delivering customer-centric solutions and ensuring the utmost satisfaction of its users.