PayLogic, a global leader in innovative payment solutions, is delighted to announce a fruitful partnership with Arab Islamic Bank, a distinguished financial institution headquartered in Ramallah, Palestine. This collaboration marks a significant milestone in the transformation of Arab Islamic Bank’s electronic payment infrastructure, aimed at delivering enhanced banking services to its esteemed customers.
Arab Islamic Bank, with a rich history spanning over two decades, specializes in offering financing and banking services to a diverse range of customers. The bank operates across various segments, including Retail Banking, Corporate Banking, Treasury, and more, providing a comprehensive array of financial solutions.
In recognition of the imperative need to remain at the forefront of technological innovation within the banking industry, Arab Islamic Bank has strategically chosen PayLogic, led by Chairman Mohamed Mekouar, as its partner to revamp its payment systems. This partnership will harness PayLogic’s state-of-the-art technology and profound expertise to introduce an advanced electronic payment solution, ensuring an enriched customer experience and streamlined operational efficiency.
The project encompasses the implementation of a comprehensive suite of cutting-edge payment technologies. This suite includes real-time transaction processing, secure digital payment options, efficient card issuance, robust fraud prevention measures, and seamless integration with both regional and global payment networks.
Mohamed Mekouar, Chairman of PayLogic, expressed his enthusiasm about this collaboration, saying, “We are truly honoured to be selected by Arab Islamic Bank to empower them with our advanced electronic payment solution. This partnership exemplifies our unwavering commitment to drive digital transformation within the financial sector and promote financial inclusion. By delivering innovative payment solutions, we aim to elevate Arab Islamic Bank’s stature as a leading financial institution within the region.”
Arab Islamic Bank is confident that this strategic alliance will not only streamline its payment processes but also elevate the overall banking experience for its diverse customer base.
[About PayLogic]
PayLogic is a global leader in innovative payment solutions, dedicated to providing comprehensive and tailored services to financial institutions worldwide. With a focus on advanced technology, security, and seamless user experiences, PayLogic empowers its clients to navigate the digital landscape with confidence, achieve operational efficiency, and deliver exceptional customer experiences.
[About Arab Islamic Bank]
Arab Islamic Bank Plc, headquartered in Ramallah, Palestine, is a distinguished financial institution. Established on May 18, 1995, the bank specializes in providing financing and banking services across various segments, including Retail Banking, Corporate Banking, Treasury, and others. Committed to delivering financial solutions with excellence, Arab Islamic Bank plays a vital role in the economic development of Palestine and serves a diverse customer base.