Timbl UAE start-up has conducted a successful proof-of-concept pilot with Social House in Dubai, demonstrating that its rapid payment solution gives restaurants and customers with a 10% faster table turnaround time.
AFS started with offering travellers’ cheques followed by cards processing and evolved dynamically as a core payment processing, fintech, and merchant acquiring business. AFS has successfully laid the groundwork to drive its next chapter of growth with cutting-edge digital payment technologies. The shareholders are strongly committed to supporting this vision and are confident of the leadership’s capabilities to achieve it.
“Driven by customers’ increased need for fully contactless payment options in response to the COVID pandemic, we are proud to launch the first contactless biometric EMV bank card in the region,” says Suhail Salman.
The brand new product was made in partnership with CompoSecure, a manufacturer of premium metal based payment cards and Citi, serving more than 200 million customer accounts and doing business in more than 160 countries and jurisdictions. Together, they ensure that the full metal dual interface card will deliver secure, high-quality proprietary products.