Regardless of whether you’re a substantial endeavor or a private company, Foloosi offers a wide scope of solutions for reevaluate retail and enhance the purchaser experience.
“The capacity to utilize Foloosi at all of the spots they shop online — and now the majority of the spots they shop offline— is the epitome of our decision and association methodologies. This is a genuine success for the customer, the trader and the money related organizations whose cards they are utilizing to support their virtual Foloosi accounts.”
The challenge of digital payments is giving shoppers a generally excellent motivation to bring an end to their old payments habits.
Foloosi has dependably trusted that merchants, and not simply shoppers, must be in charge of digital wallet appropriation. From drug stores and accommodation stores to snappy administration eateries and bistros to claim to fame retail, all shippers are fruitful ground for actualizing a more extensive assortment of payment strategies into regular business encounters. The more traders that do as such, the more purchasers will pursue.
Foloosi said, sees a real opening for consumers to more easily use their accounts in-store to bolster efforts for the retailer to know who’s walking into their storefronts so they can engage with the consumers at a deeper level.
Foloosi provides grade Payments Solutions for all Retail Business
Add Payments to your Offline and Online POS
QR code has order information and amount
With a single tap customers can make payment from Foloosi app scan
Ideal for vending machines and billing POS
In the case of merchants they can scan customer’s QR code to debit amount
Super quick payment to address queuing woes
Ideal for quick service restaurants and supermarket
Foloosi helps retailers to accept payments using QR code without the need of any POS machine. Folossi provides the following for the retailers.
A secured payments platform for users to complete their daily transactions, making it simple and fast, without having to reach for physical wallets.
The mobile digital wallet “Foloosi” is the future beyond the paper money. Henceforth, in line with the governments’ relentless efforts to move towards the digital economy, we launched the Foloosi, an integrated mobile digital wallet that provides all citizens and residents with multiple benefits to manage their everyday financial needs.
According to the UAE central bank and the online comparison site compareit4me figures, around 75% of the economy is cash based; furthermore, 85% of residents prefer cash-on-delivery over credit card payments.
Foloosi provides a complete digital wallet and payments platform for a convenient, reliable and safer transactions.
Several benefits of Foloosi include:
Send and receive money to family and friends instantly and around the clock
Ability to pay to a business partner directly in-app or through the smart QR code technology.
Enable individuals to pay bills, invoices and follow up their payments.
Ability to fund the account using a credit card or prepaid cards issued in the UAE, and through thousands of deposit machines deployed in the country as well as licensed agents.
WPS – Wages Protection System is an electronic salary transfer system that allows institutions to pay workers’ wages and Foloosi is looking to utilise this niche market of 15% labour force.
Remittance for expat labour targeting three countries – India, Pakistan and the Philippines.
Foloosi is helping kids to use money in a fun way within a safe environment by being the first digital wallet to allow parents to empower their children in making real money decisions. Money handling tips will be provided to kids within the app and they can make use of it. Empowering children to spend money wisely has an effect on the growth of their financial intelligence and Foloosi has packed the Child’s app with feeds on financial tips. Foloosi will look to partner with educational institutes to make this app more powerful and meaningful.
We have the following MVP at hand in working test mode:
Growing number of professionals seeking work options that have flexible working hours
Dubai Aviation City Corporation (DACC), which is the licensing and regulatory body for Dubai South free zones, has announced that freelancers can now avail the opportunity to work under a freelancer work permit.
initiative is in line with global trends of a growing number of
professionals that are seeking work options that have flexible working
hours and work-from-home agreements, said a statement.
This new development reflects Dubai South
and DACC’s commitment to help position the emirate as the most
innovative business hub attuned to the modern needs of both companies
and the workforce in line with the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, it said.
continues to build new initiatives that support businesses in Dubai to
maintain its global attraction as a magnet for foreign investors, it
The emirate is strategically positioned in key sectors
surrounding innovation and digital technology such as e-commerce, AI,
blockchain and fintech, following 26 per cent increase of foreign direct
investments (FDI) during the first half of 2018, reaching Dh17.7
billion ($4.81 billion).
Dubai South’s ongoing initiatives are
further boosting the business activities of its partners which include
startups, SMEs and multinational companies, and most recently,
individual professionals in specialised professional sectors.
Shoaib Al Rahimi, vice president of the Business Park,
Dubai South, said: “Our commitment to create a viable business
environment for SMEs and multinationals alike continues to be reflected
in various initiatives.”
“Considering the ever-evolving business
landscape, policies and strategies from 10 years ago had to undergo huge
transformation to adapt to current trends and meet the needs of
businesses. We are keen to be on top of leading efforts that meet the
needs of today’s SMEs, startups as well as individual professionals
seeking independence through a range of customized solutions that will
further hep them grow their business,” he added.
The new scheme is
expected to widen the scope of income sources for professionals in
Dubai and the UAE and take advantage of the business opportunities
within Dubai South.
Among other initiatives, the Business Park
continues to boost the role of multinational companies (MNCs) and
connect them with SMEs at Dubai South Business Park through various engagement sessions, including periodic workshops.
Business Park is home to some of the leading international business
organisations such as the Japan Trade Center, Chinese Business Hub, and
Business entities also enjoy a range of
incentives such as rent reduction from 5 per cent up to 25 per cent for
existing and new tenants in line with customer loyalty program, leading
to 85 per cent tenants’ retention.
It also allotted 10 per cent of
its annual procurement and projects to Dubai-based SMEs, including more
than 25 per cent reduction on annual rent.
The latest initiative
defines a freelancer as a sole practitioner who conducts his business in
his birth name as opposed to a brand name. Freelancers, who manage
their own schedule, will have the flexibility to choose the company they
work with and the projects they accept.
When applying for a work
permit in Dubai South, they must be a degree holder and they should
submit a professional certificate or proof of relevant freelance
experience. The guidelines also state that no lease is required to be
granted the permit and benefiting from the free zone privileges while
maintaining a sustainable business environment and three years visa.
Abdulla Ahmed, vice president – licensing and regulatory affairs, Dubai
Aviation City Corporation, said: “We made the decision to issue this
special permit to keep up with the dynamic changes that we have been
seeing over the past years.”
“This is in line with the UAE’s phenomenal rise as a leading business hub which is reflected by a clear long-term vision towards sustainable development by the country’s leaders,” he added. – TradeArabia News Service
Payment gateways are a standout amongst the most essential highlights of any online internet business store. The principle inspiration driving the achievement of any online business is, the means by which well clients are changing over. Presently for clients to really purchase anything from your site, first they need trust in your store. Payment gateways can assist you with developing that trust. As indicated by Woocommerce having an appropriately set-up payment gateway door framework makes dependability as well as essentially drops the relinquished truck rate.
To get your bit of pie it is critical for you to invest some energy in choosing which payment gateways passages you should offer on your store. There are such a significant number of choices for payment gateways entryways that it winds up hard to pick one as you need to see your own comfort just as clients. We have recorded beneath probably the best Payment gateways with their upsides and downsides, this will assist you with deciding what you need and what you don’t.
In UAE, payment gateway is provided only for those who owns a business or run a reputed website/ app. Payment gateway will not be provided for the individuals, merchants who run a business without a website.
List of Payment Gateways in UAE
Foloosi Technology, a payment gateway UAE brings to you easy to use options that are designed to be accessible, convenient and simple backed by reputed partners to provide security and a credible and reliable customer experience.
At first known as Innovate Payments, it was once considered as a standout amongst the best new businesses of UAE. Telr offers its administration in excess of 120 monetary forms around the world. One of the remarkable highlights of Telr is that they offer their administrations in creating nations like Indonesia and Pakistan. Their yearly support cost is $ 95, $27 and $13.5 for section, little and medium dimension accounts separately.
There is additionally no charges on the settlement to the trader
represent the section level arrangement. Their administration charges
are referenced underneath: