Ajman Bank partners with Kamel Pay to offer digital financial solutions in UAE

Kamel Pay aims to grow beyond the UAE

  
Image used for illustrative purpose. Person hands with credit card and mobile phone at desk, Online shopping concept.

Image used for illustrative purpose. Person hands with credit card and mobile phone at desk, Online shopping concept.

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Dubai – Mubasher: Ajman Bank has partnered with the Fintech company Kamel Pay to provide innovative payment solutions to businesses and individuals in the UAE.

Kamel Pay seeks to enable businesses and individuals to have access to digital financial services in the UAE, as per the country's National Payment System Strategy to move towards cashless society, according to a press release on Sunday.

Kamel Pay aims to grow beyond the UAE and become a leading Fintech company in the MENA region.

The Chairman of Kamel Pay, Hussain Al Qemzi, said: "This collaboration between a Bank and an agile Fintech offering latest digital technologies will have a substantial impact on the adoption of secure and cashless payments across the UAE; especially in the underbanked population who had been largely neglected till now."

Meanwhile, the CEO of Ajman Bank, Mohamed Amiri, commented: "Our goal is to develop a robust electronic payment ecosystem driven by data and insights to increase the safety and security of electronic payments. It complements our strategy and vision to address the needs of our customers with the most innovative products and services."

Source: Mubasher

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