15 April 2012
KeyBS to offer advanced & customized mobile, kiosk & POS gateways

KeyBS, a newly-launched payment solutions technology company, has announced that it will be aggressively expanding into the lucrative GCC markets to capitalize on the region's growing technology use and demand for automated solutions. The company will provide advanced mobile, kiosk and point of sale (POS) systems and services for remittance transactions and bill payments.

The company's Main Office has been set up in Dubai, with an Operations Office to follow in Beirut and Sales Offices to be eventually established in each GCC state. KeyBS is currently focusing on the development of customized software and hardware that can help its clients cut down costs and improve performance as well as service delivery.

Among the cutting-edge technologies KeyBS will adopt in its payment gateways is Near Field Communication (NFC) which is increasingly being integrated into smartphones and similar devices. The company considers exchange houses and financial institutions as the segments offering the biggest growth potential in the Gulf.

"KeyBS aims to introduce customized solutions that meet the unique requirements of our customers. The automated products and services we will offer will be designed to boost productivity and customer satisfaction and will be flexible enough to accommodate operational changes and business growth. Moreover, we also plan to actively partner with key industry bodies and integrate sustainability into our product and service developments. Through such initiatives we hope to quickly establish a strong brand presence in the GCC," said Ibrahim Darraz, Managing Director, KeyBS.

Founded in 2012, KeyBS is a member of Arabi Holding Group, one of the leading companies in Kuwait. One of its sister companies, Workers Equity Holding, has been a pioneering payroll service provider in Dubai since 2004. KeyBS envisions its emergence as a leading payment solutions provider in the Middle East. The company's target markets include the service, government, commercial and industrial sectors as well as special segments such as airports and free zones.

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© Press Release 2012