Page 21 - SAMENA Trends - September 2019

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

du and Network International Join Forces to

Launch Advanced Payment Solution

As a one-stop-shop for empowering with today’s payment solutions. Hany Aly, Middle East at Network International, said:
the UAE’s enterprise sector, du, from Executive Vice President for Enterprise “As we continue to facilitate the rapid shift
Emirates Integrated Telecommunications Business, du, said: “In the UAE, the SME from cash to digital payments, Network
Company (EITC), is enabling small-to- sector represents a large segment of the International is proud to partner with du
medium businesses to flourish through overall business landscape. As the nation to launch the Business POS solution for
the launch of an efficient, affordable becomes more digitally enhanced with the SMEs, which plays a vital role in powering
POS solution. As the UAE transitions to onset of the digital transformation agenda, the UAE’s economy. As a market leader
becoming a cashless society by 2020 in these enterprise ecosystems will need to in payment solutions, we are committed
line with the Smart Government initiative, adequately evolve with the technological to revolutionizing how businesses
merchants are increasingly on the lookout transformations of tomorrow. The launch manage and accept payments, and our
for innovative offerings to digitize their of du’s advanced digital Business POS N-Genius™payment platform offers
services. With zero upfront payments, solution will empower SMEs to experience merchants a flexible, scalable solution that
free setup, and a state-of-the-art POS business growth and continuity, as well can help them quickly adapt to a rapidly
machine, du’s Business POS offering – as achieve new capabilities that will changing environment.” Business POS is
supported by Network International’s enable them to thrive and contribute to a payment solution device that enables
N-Genius™payment technology platform – the digital transformation agenda of the merchants to accept card payments
eases many of the pain points associated UAE.” Samer Soliman- Managing Director, and digitize their payment transactions
to maximise efficiency. By offering zero
upfront cost, free setup, and reduced
transaction fees across a 24-month
instalment plan, Business POS enables
customers to kick-start their business
with an Advanced Digital POS on the
N-Genius™payment platform. N-Genius™is
enabled with a touch screen, accepts
contactless payments, runs on the Android
operating system, and allows customer
receipts to be sent via email to reduce paper
use. It provides customers with a digital
payment interface that accommodates
new payment methods including Apple
Pay, Samsung Pay, Alipay and WeChat pay.
The portability of the device means it can
be used safely and securely as a fixed or
mobile device anywhere in the UAE.

du Names New Chief Executive to Replace Osman Sultan

Emirates Integrated Telecommunications telecommunications industry”, it said. biggest global internet carriers, with €8
Company, also known as du, appointed “I am delighted that this has resulted in billion (Dh32.8bn) of revenues operating
industry veteran Johan Dennelind as the selection of Johan, who has earned across seven countries. Mr. Dennelind has
Chief executive, replacing Osman Sultan a reputation for delivering results in earlier held roles for Telia in the Nordics,
after almost 14 years at the helm of the challenging situations,” said Mohamed Al Brazil and Sri Lanka, amongst others, after
company. The new chief executive will Hussaini, EITC Chairman. “We are confident which he was appointed as the deputy
take charge of the telecom operator in that his extensive international exposure chief executive of Telenor in his native
early 2020, du said in a statement to and experience of managing public Sweden. He later took on roles as the
the Dubai Financial Market, where its companies will add great value to EITC.” Mr. chief financial officer and chief executive
shares trade. The appointment follows Dennelind brings 25 years of experience of Digi in Malaysia, which was also part
a rigorous international search to find a in the telecoms and internet industry. He of the Telenor Group. Mr. Dennelind
candidate who could steer the company is currently group chief executive of Telia, also oversaw Vodafone and Vodacom’s
through the “changing nature of the the largest Nordic operator and one of the seven businesses across continental

21 SEPTEMBER 2019