With rapid transformation in the eCommerce industry, more and more organized retailers and service-centric firms have started to fully accept and adapt to the online arena. Electronic payment is becoming familiar with consumers who interact with brands and shop online on daily basis. Online payment gateway companies have now emerged as potent facilitators in the contribution towards ecommerce industry expansion.
Ecommerce Show Middle East – International Exhibition – UAE Payment Gateways
In last year’s (2016) Ecommerce Show Middle East which was held at the Dubai International Convention & Exhibition Centre, more than 300 international exhibitors were present. The show featured ecommerce based innovations and presentations related to the retail and payments space. Online payment company CCAvenue together with Mashreq bank had their display stall where ecommerce companies went about for advanced payment gateway solutions that have been effective in the UAE ecommerce industry.
CCAvenue, an online payment processing company, had formed a partnership with Mashreq bank to offer advanced online payment solutions to ecommerce companies based in the UAE. Mashreq is known for its banking and financial services to millions of customers in Emirates since 1967. The joint venture was projected at making ecommerce UAE payment solutions for everyone including online florists to enterprise players.
The Ecommerce show hosted a series of workshops, seminars and large scale conferences which covered major aspects of the ecommerce ecosystem. Mashreq Bank demonstrated on a theme ‘How to maximize your ecommerce monetisation efforts’ and experts and professionals were invited to speak on issues that influence the ecommerce sector in the Middle East. Basically the event was held to offer business opportunities to participants so that they could grow new revenue streams.
About Mashreq Bank
Established more than 40 years back, Mashreq bank is one of the largest banks in the UAE. It was the first bank in the UAE to install the ATM cash dispensers, introduce consumer loans and issue debit and credit cards. The company’s corporate centers are based in Bahrain, Qatar and Egypt and it has a strong network in North America, Africa, Asia and Europe. The range of products and services offered by the company are linked to retail banking, international banking and more.
About Avenues FZ-LLC
Avenues has been an innovative name in the Indian payment gateway industry with CCAvenue being its core brand. The company is South Asia’s largest online payment gateway provider offering multi-currency online payment processing services. Other features of CCAvenue include CCAvenue S.N.I.P. (Social Network In-stream Payments), Advanced Marketing Tools, Easier Checkouts, Automated Electronic Invoicing, etc. For more information, visit CCAvenue.ae.
