OMA Emirates Enters Indian Market, Acquires MobiSwipe

OMA Emirates Enters Indian Market, Acquires MobiSwipe

In an effort to extend the services to neighbouring countries and enhance(बढ़ाने) market share, leading United Arab Emirates (UAE) payments solutions provider OMA Emirates has entered the Indian Market, beginning with the acquisition(अर्जन) of mobile point of sale (mPOS) firm MobiSwipe.  MobiSwipe

allows merchants(व्यापारियों)  to accept payments via Credit and Debit card by using the mobile application. The acquisition will help MobiSwipe to be offered in countries outside India also. As per the announcement made by OMA Emirates , the company will begins the Indian operations from Mumbai and eventually (अंततः) plans to open offices in other parts of the country beginning with Metros and Tier 1 cities. Presently, OMA Emirates have presence in Middle East, Europe and select parts of Asia. In India, the firm will begin with providing services like business development, sales and marketing. The aim of OMA Emirates is to increase its sales and market share in by extending its operations to neighboring countries. It will also help to increase the product line of the firm by way of partnerships, alliances and investments. OMA Emirates is a technology centric company and provides solutions like electronic funds transfer (EFT) POS application, mobile e-top-up solution, EMV card personalisation solutions, central issuance solutions, branch issuance solutions, among others.