Dubai Trade News

ADIB Joins Rosoom E-Payment Gateway
Published on Tuesday, 19 April 2016 09:09
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Dubai Trade, the single innovative window for trade and logistics e-Services has announced a new partnership with Abu Dhabi Islamic Bank “ADIB” to offer users of the e-Payment gateway “Rosoom” the bank’s direct debit service to pay Dubai Trade and DP World e-Services transaction fees. Commenting on the partnership with ADIB, Dubai Trade CEO, Eng. Mahmood Al Bastaki, said: “We have achieved great success with the Rosoom platform since its launch and are delighted to welcome ADIB to further facilitate business transactions for our users who hold accounts at the bank. As the sole online payment gateway for major entities such as DP World, JAFZA and Nakheel we are confident that Rosoom will be a valuable tool for our shared network of customers.” ADIB has joined Rosoom’s growing list of partners which includes the Ministry of Finance, Emirates NBD, Commercial Bank of Dubai, Standard Chartered Bank, HSBC, Dubai Islamic Bank, Mashreq Bank and Habib Bank. Tirad Al-Mahmoud, CEO of ADIB, said: “Our partnership with Dubai Trade is part of our continuous efforts to provide customers with innovative services and to streamline their day-to-day business life by partnering with the public and private organisations. This value-added service enhances our digital banking services and will further strengthen our position as one of the most innovative banks offering a superior banking experience to our customers.” Launched in 2008, Rosoom has quickly become an indispensable platform for traders. The state-of-the-art system provides high levels of security and reliability with a strong base in the region. More than 292.3 million dirhams were generated from 292,000 payment transactions during the first quarter of 2016. Users can access all transactional and settlement reports instantly and can also use the platform to complete payment transactions on their smart phones. This complements the variety of other payment options available to users including credit cards, direct debit, and pre-paid instruments such as the e-Dirham.