Page 25 - Banking Finance June 2017

INTERVIEW

“We have always been focused on

strengthening our infrastructure

and support team, integrate with

latest technology and
developments”

Mr. Niranj Sangal

Group CEO, OMA Emirates Group

Please apprise our readers about your company? Having said this, I believe that the PoS is here to stay.
OMA Emirates has been in the business of providing solutions
for payments, card personalization, payment issuance and Please tell us about payment solutions you are
payment acquiring systems, etc. for over 25 years in the providing?
Middle East. At OMA Emirates we pride ourselves in being able to offer
a wide range of solutions not only for banking and banking
Having commenced our operations in India, we now plan
institutions, but also for merchants directly.
to gradually expand our operations here and introduce our
diverse portfolio of products for banks, other financial OMA Emirates' Mobility offset of wireless solutions offers a
institutions and other business industries. range of devices that enables seamless transactions for
different industries for e.g. Retail, Oil and Gas, Government,
We have always been focused on strengthening our
Telecom etc. via mPoS devices using different platforms and
infrastructure and support team, integrate with latest
channels, thus providing the services.
technology and developments which has helped ensure that
our clients benefit from our cutting edge solutions in a fast The solutions, can be used with Android, iOS and even
moving and dynamic global economy. Windows devices - on both smartphones and tablets. We also
provide Biometric solutions which enables transactions with
What is the current scenario of Payment solution a fingerprint. The defining factor of this solution is the 4 factor

in India? authentication combining chip, PIN, Fingerprint and GPS.
The payments ecosystem in India is a fast growing one with Additionally, we also have MobiSwipe as a part of our
an increasing number of people resorting to digital modes solutions. It is an mPoS wherein merchants can accept credit
of payments. There are numerous solutions available like and debit cards via their mobile phone which is connected
PoS, mPoS, NetBanking, Mobile Banking through apps, etc. to an EMV Certified Card Reader via Bluetooth. The solution
which are usually routed through banks. can accept swipe and chip cards.
Additionally, there are other solutions like online payment In keeping with the mandatory requirements, MobiSwipe
gateways which enable
transactions for online purchases, “ We also provide Biometric solutions which enables trans-
wallets, etc. The government's actions with a fingerprint. The defining factor of this solu-
initiative of Aadhar based
payments through UPI and BHIM tion is the 4 factor authentication combining chip, PIN,
has also been well received. Fingerprint and GPS.
“
BANKING FINANCE | JUNE | 2017 | 25

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