Abu Dhabi's Magnati wants to be more than UAE's payments processing champ
Brookfield-FAB owned entity wants to ‘reshape the payments landscape’
Source: gulfnews.com
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7 ways Magnati is transforming payments in the UAE
It is the bridge that connects sellers to buyers, merchants to customers, and utilities to their users. It is what enables transactions and makes the delivery of services or good possible. The payments function, in short, is what keeps the economy spinning. Without an effective and efficient payment system, the wheels of trade and commerce will inevitably come to a grinding halt. Conversely, when done well, payments can transform businesses, sectors and entire regions, while also delivering superlative value to consumers. Magnati, the fully owned payments subsidiary of First Abu Dhabi Bank (...
Source: gulfnews.com