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Eye of Riyadh
Technology & IT | Monday 17 August, 2015 1:47 pm |
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Infinia invests in Mobipaid to bring smarter payment solutions to the Middle East, Africa & Asia Regions

Mobipaid bridges traditional e-commerce payments with the POS environment

Infinia Services & Solutions, a pioneering company engaged in loyalty and customer relationship management (CRM), is pleased to announce a Series A investment and partnership with payment technology provider Mobipaid to launch a new service in the payment solution category. Infinia supports innovation and smart solutions for CRM and has initiated many successful endeavours globally in the areas of redemption platforms for loyalty solutions, mobile payment solutions like Ping Pay and POS (point of sale) redemptions, to name a few. Through this new initiative, Infinia will connect a wider base of merchants and customers by applying the latest in technology to extend new possibilities to CRM.

 

With this partnership, Infinia will provide yet another unique solution within the payments arena.  UK based Mobipaid enables merchants take card payments from any internet-enabled device. The solution bridges traditional e-commerce payments to a more POS environment thus relieving the merchant of hardware costs and EMV concerns.  

 

The solution is cloud-based and Mobipaid’s API can easily be integrated into merchants existing payment systems or CRM. The customer experience is enhanced as now they can make secure payments without the need to download an Application or register their card details. With this new solution, payments can be made via text/email, through recurring subscriptions and also via a merchant’s social media pages on Facebook, Twitter and Linkedin.

 

Infinia’s founder and MD Prashant Khattar said, "We are very pleased to invest in Mobipaid at this stage in their evolution. This unique technology will be a game changer in the world of card acceptance, empowering as it does, merchants to accept cards with any internet enabled device. We have already seen huge interest from our existing clients for the solution. The possibilities are extraordinary and we look forward to working closely with Chris and his experienced payments team. The technology applied to this service enables it to be workable on any device and across locations. A merchant can register to be part of the service through a simple online process and the approvals are very quick, within 24 to 48 hours. There are possibilities for customization as well"

 

Mobipaid founder and CEO Chris Roets said, "We are delighted to partner with Infinia who are leaders in the provision of loyalty and payment services globally. Such a ringing endorsement from experienced payments professionals is extremely welcome and we expect this partnership to open up exciting possibilities within the Infinia Group of companies in the Middle East, Africa and Asia regions”.    

 

About Infinia Services & Solutions 

 

Infinia Services & Solutions is a UAE based loyalty management and payment solutions company with a state-of-the-art integrated suite of technology and mobile application services. It offers complete program management solutions across pre-paid, debit, credit and corporate cards. Infinia provides comprehensive customer relationship management solutions for financial institutions, retailers, telecom providers, and other industry verticals. It is the expert in designing and delivering compelling loyalty propositions that create more profitable customer relationships for each brand.

 

In a short period of time, Infinia increased its footprint beyond just the UAE, by expanding its presence globally in over 36 countries across the Middle East, Africa, South Asia and the South East Asia regions.

 

Infinia’s online rewards platform offers redemptions across flights on over 900 airlines, 450,000 hotels and 150,000 car rentals as well as a comprehensive global e-commerce platform. To further augment the redemption suite, Infinia has launched InfiSports for sports enthusiasts, InfiCelebs for redemption across celebrity experiences and Infi BillPay to facilitate utility bill payments through the loyalty platform.

 

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