PALPAY concluded its sponsorship and participation in Cards & Payments - Middle East Exhibition, the largest smart card, payments and ID event, held in Dubai, UAE, on 14-15 March 2014. The exhibition was attended by BOP Chairman and General Manager Hashim Shawa, PALPAY General Manager Iyad Qumsieh, and PALPAY representatives.
PALPAY’s participation in and sponsorship of Cards & payment – Middle East Regional Conference aims to expand its operations in the region, especially after the great success it has achieved in Palestine and the efforts it exerted toward entrenching the e-payment culture through the different point of sale (POS) merchant terminals as well as through the internet and mobile phones.
A large number of companies specialized in manufacturing smart cards and e-payment solutions partake in Cards & payment – Middle East Regional Conference where they display their products and shed light on this modern service industry. The conference presented innovations in the world of payments and cards.
Shawa expressed his pleasure for PALPAY’s participation in such a specialized global exhibition adding that PALPAY is one of BOP most important investments in partnership with PCNC in the field of technology. PALPAY presents BOP’s future vision for the development of banking services, payment systems and e-payment. Shawa stated that technology will be present in all walks of life especially the banking sector. In addition, Shawa expressed satisfaction with the level of organization and the number of participants in the exhibition, stressing that the exhibition is one of the main bridges that provides PALPAY with the opportunity to expand its operations abroad particularly in the Middle East. Several meetings have been held with major specialized companies, including banks and telecommunication companies that have shown interest in partnering with PALPAY.
Shawa pointed out that the e-solutions offered by PALPAY and the systems in use now are considered a qualitative addition and constitute a special and unique e-services, compared to the services provided by the company now. Once used by banks and telecommunication companies, PALPAY’s e-solutions will provide the company with the opportunity to expand and receive the satisfaction of customers.
For his part, Qumsieh expressed his delight for the popularity PALPAY’s wing in the exhibition received. The wing was visited by individuals, companies, institutions and banks wishing to know or contract with PALPAY. Qumsieh stressed that PALPAY’s participation in the exhibition has achieved its desired objectives.
PALPAY was launched by BOP in 2010 (the largest banking network in Palestine) and PCNC Solutions after ten years of diligent work to develop a modern e-payment system with the aim of providing customers in Palestine innovative e-payment and top-up solutions. Through PALPAY customers will be able to recharge their mobile phones, pay their landline, internet and electricity bills, and buy prepaid cards, repay loans, collect money from merchants, and pay government dues online.
In order to activate the services in the Middle East region and add new payment services to the existing system in Palestine, PALPAY has contracted several major regional companies. The new services will be announced during the next few months. PALPAY will also take part in the exhibition next year.