Dubai- based Sekurus International LLC, features on the front cover of National newspapers and both National and local TV stations following a huge upsurge in world wide recognition of its renowned Payment Protection solutions.
"We are in the process of expanding our international distribution network as more and more financial institutions around the globe realize the bottom- line benefits of the Sekurpay™ solution as a credit enhancement tool," said Basel Al Salah, CEO of Sekurus International and developers of the Sekurpay™ solutions. "The overwhelming attraction of the media is a true measure of the technological benefits that our SekurPay™ range of products brings to the market" he continued.
The devices being used by car dealerships throughout the world currently protect payments on more than $2.6 billion of auto loans. As a result, financial institutes and auto dealers have reported significant decreases in late payments and repossessions. In many instances, delinquency and repossession rates have dramatically dropped to levels lower than three percent, as compared to previous American industry averages that range between 20-30 percent.
"The overwhelming media attention and support has created a greater influx of requests from previously untapped territories from both established and startup companies to forge partnerships with Sekurus International. We will always be indebted to the news agencies for their out standing research, fact finding and coverage of our products, services and their benefits" said Al Salah. Most recently, Sekurus has made a foray in Pakistan, through a distribution agreement with Zahdan Technology.
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About Sekurus International LLC:
Sekurus was founded by a senior management team with Information Technology, automotive and lending experience to develop and bring new technologies to the lending market.
The Sekurpay™ solution, the first patented software driven flexible high-tech product developed specifically for the high risk credit community that is available with and without telematics technology.
For more information, please visit www.sekurusinternational.com
© Press Release 2008
