Abu Dhabi:ADCB today announced its partnership with emaratech, a leading payment gateway and financial service provider in the UAE. This partnership will allow multiple payment channels from ADCB for businesses and individuals in addition to the inclusion of ‘noqodi’ to its platform. The first milestone in this collaboration is the top-up facility for the noqodi wallet through the bank’s Corporate Internet Banking Portal, ProCash.
Saoud Mohammed Al Jassem, Head – Government Banking, at ADCB said ‘We are consistently committed to incorporating technology that creates value for customers by improving the overall customer experience, and subsequently the business. Our partnership with emaratech is a step towards this commitment as it enables safer and easier payment solutions. As we continue our contribution towards the digitisation of banking and payment processes in the UAE, we look forward to collaborating with more partners that can give us easier access to government services. Our Corporate Internet Banking portal ProCash as well as our Mobile Banking Application is making banking simpler for our clients and we will continue to thrive on this momentum to push all barriers.’
Isaac P. Thomas, Head – Transaction Banking, at ADCB said ‘ADCB has been at the forefront of technological enhancements in transaction banking, seeking to find solutions that will revolutionise the industry, while maintaining the supreme goal of improving clients’ business experience. ADCB want to be more than a provider of simple and effortless online banking. We want to provide an experience where our solutions are helping our clients achieve their financial goals. ProCash, strengthened by advanced technology and the expertise of our teams, allows corporates to generate synergies through centralisation and automation. ProCash is leading a vision of providing instant, seamless and secure services to our customers.’
Thani Alzaffin - Director General & Board Member, at emaratech said, ‘Going cashless has become a growing trend globally. emaratech is committed to providing its expanded portfolio of banking customers such as ADCB with the most powerful payment solutions. emaratech is pleased to be a crucial supporter to private and public organizations in implementing Dubai vision to digitalize the payment methods.’’
ADCB Group is a leading UAE banking group that provides a full suite of award-winning products and services, spanning Consumer Banking, Wholesale Banking, Treasury & Investments and Property Management.
On 1 May 2019, ADCB and Union National Bank merged and the combined entity acquired Al Hilal Bank, which operates as a separate Islamic banking entity under its own brand within the Group. The transaction reinforced ADCB’s position as the third largest bank in the UAE, with assets of AED 417 billion based on pro-forma financial information as at 30 June 2019.
The Group serves over 1 million customers.
ADCB Group, which is 60.2% owned by the Government of Abu Dhabi through the Abu Dhabi Investment Council, trades on the Abu Dhabi Securities Exchange (ADX) under the ticker of ADCB. As at 30 June 2019, ADCB’s market capitalisation was AED 58 billion.
Further information on ADCB can be found at adcb.com and information on the transaction between ADCB, UNB and Al Hilal Bank can be found at beyondambition.com
noqodi is a payment gateway engineered and empowered by emaratech, a leading online technology solutions and consulting company in the Arab World, part of the Investment Corporation of Dubai.
noqodi is a powerful payment solution, providing you free and safe digital wallet. e-cash, credit cards, direct debit, you can pay any way you like using your online wallet. Maximum range of payment options to fund noqodi ewallet and fund merchant payments.
noqodi is integrated with multiple banks as well as governmental and non-governmental merchants – offering a multitude of payment options and channels. We provide complete automation of collections, reconciliation, settlement, refunds and other financial transactional services.
Merchants, businesses and consumers can all utilise our extensive information management interfaces, putting your payments at your fingertips.
With the highest industry-standard, PCI DSS-Certification, we’re a platform you can trust with the things that matter most.
© Press Release 2019