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29 October 2021
Strategic Partnership with PaySky
EDC is proud to announce our partnership with PaySKY Solutions, the leading digital payments solutions provider in the Middle East & Africa region. The strategic partnership will combine EDC’s standing as a market leader in providing digital solutions and PaySky’s next generation digital payment solutions. Furthermore, the partnership will work towards achieving UAE's vision of not only empowering digital services provision but also moving towards cashless economy proliferation to a variety of sectors such as financial institutions, telecom operators, government organizations & fintechs.
About 1/3 of the online transactions are dropped because of forgotten passwords, according to a Mastercard Market Intelligent Report. Forgetting passwords is a worry of the past as the future is biometrics. It is well-known that a fingerprint is unique to every individual; and that, no two people share the same fingerprint. Unlocking smartphones using fingerprint without having to remember passwords is effortless.
With the lockdown and restrictions in place due to the COVID-19 pandemic, many people found it difficult to meet their doctors or have appointments scheduled. This forced patients to contact their physicians, therapists, and pharmacists remotely via messaging platforms as healthcare facilities were inundated with COVID cases. Moreover, people with pre-existing health conditions were designated in the high-risk category for COVID19 susceptibility. Hence, such patients had to adopt to messaging platforms for their physician-patient consultations.
EDC Print Solutions promises to deliver all your print needs. Whether it is customised printing or packaging solutions, your ideas matter. Our digital print solutions, packaging, design and distribution capabilities have stood the test of time since 2002.
Towards a Sustainable Future with Eco-Friendly Cards
A study by Mastercard across 24 countries worldwide unveiled that 58% of the customers are cautious of their behavioural impact on the environment and 85% stated that they are willing to take actions to combat the sustainability and environmental issues in 2021. Climate change caused due to global warming is an alarming concern that needs the world’s attention. There is a growing trend in conscious consumption where people are more mindful of their purchases and the impact it has on the environment.
The COVID-19 global outbreak has brought about a significant change in consumer shopping and payment behavior. The UAE market is rapidly growing with the penetration and increased adoption of the new payment trends.
Digital Onboarding: Accelerating Customer Acquisition
Onboard a customer fast and realize the revenue faster! Onboarding appears to be a tedious and error-prone process during enterprise-customer initiation engagement. The biggest challenge involves delays in service activation, primarily due to the lack of process clarity and interaction failures with the customers. Earlier, onboarding was predominantly an onsite process that required customer's physical presence at a service point. It now takes less than a minute with a few clicks on the smartphone using customisable apps.
Digitization is making its way through diversified business and its processes. Owing to the increasing penetration of digital trends, one such business process of “Knowing Your Customer” has evolved from the conventional physical documentation method to electronic means. On 24 January 2021, The Khaleej Times reported that the Central Bank of UAE has imposed financial sanctions on 11 banks for