Intelligent CIO Middle East Issue 51 | Page 16

NEWS Commercial Bank wallet helps Qatar move towards cashless society C anytime, anywhere using Commercial Bank’s mobile application. Customers can also use CB Wallet when shopping online and to manage their cards Joseph Abraham, Commercial Bank Group Chief Executive Officer, said: “Commercial Bank is the leader for digital payments in Qatar and we continually invest in new technologies to make transaction banking a simple and secure experience for our customers. As customers can now pay using ommercial Bank in Qatar has launched CB Wallet, the country’s first mobile contactless payment wallet. CB Wallet acts as a digital wallet, allowing credit and debit cardholders to pay for items in stores conveniently and securely using their mobile phones. their mobile phones for the first time, the launch of CB Wallet will help Qatar achieve its vision of becoming a cashless society.” CB Wallet follows Commercial Bank’s introduction of contactless cards in 2018 and represents a significant development in Qatar’s cashless ecosystem and e-commerce market. CB Wallet provides key benefits for customers such as speedy online payments both locally and internationally, quicker payments in stores, additional control on cards and usage, and a safe, simple and quick online payment experience. For merchants, CB Wallet helps to boost revenues and reduce operating costs, improves speedy and easy payments for customers at point of sale transactions through android phones and offers better customer service. ////////////////// Middle East organisations unlock growth with cloud company Oracle NetSuite seen more and more organisations that are operating in this region rethink their traditional business systems as they seek to increase operational efficiency and unlock new growth opportunities. At NetSuite, we are committed to helping organisations across the Middle East take advantage of the cloud to elevate their business to the next level.” Property Finder Group is a leading real estate digital platform, providing a convenient rental and sale marketplace for residential and commercial properties in the Middle East and North Africa. O rganisations across the Middle East, including Qatar, are selecting Oracle NetSuite to unlock growth and take their businesses to the next level. With NetSuite, organisations operating in the region, such as Property Finder Group, Al Jabr Holding and the International Cricket 16 INTELLIGENTCIO Council Limited, can take advantage of an integrated business platform in the cloud to gain the visibility and control needed to navigate change, meet regulatory requirements and accelerate growth. Nicky Tozer, VP of EMEA, Oracle NetSuite, said: “In the last year alone, we have With over six million monthly visits across its platforms, and a growing ecosystem of users throughout the UAE, Saudi Arabia, Egypt, Turkey, Qatar, Bahrain, Lebanon and Morocco, Property Finder needed a cloud- based platform to efficiently manage its multinational and multi-subsidiary operations. www.intelligentcio.com