QIIB in deal for EMV chip card issuance
06 Mar 2017 - 22:43
OMA Emirates Group, a provider of cutting edge technology for the payment industry has been contracted to provide a high-end in-house centralized card issuance solution to QIIB, a leading Islamic lender in Qatar. The deployment will entail a state-of-the-art EMV chip card issuance system with top of the range hardware and supported with the OMA Emirates’ suite of software solutions to ensure a seamless launch for QIIB’s in-house issuance activity.
QIIB is committed to raising the standards of customer service. The new solution has been chosen to ensure that the bank complies with the ever changing customer needs. As a prerequisite, the bank needs complete control of the card issuance operations, and, OMA Emirates is working with the QIIB team to develop a suitable tailor-made EMV central issuance solution to fulfill these requirements, OMA siad in a statement.
“While migrating to an in-house EMV chip cards centralized solution, QIIB had increased its emphasis on the importance of the solution and OMA Emirates has taken upmost care to ensure that these requirements are well met. Moreover, as a 360 degrees’ solution provider, OMA Emirates is well positioned to provide the bank with an end-to-end system that includes hardware and EMV personalization software,” said, Niranj Sangal, Group CEO, OMA Emirates Group.
The central issuance embosser that is supported by the OMA Emirates Nano-Perso, a personalization solution which supports batch printing and encoding will increase the bank’s efficiency. A special data recovery process will also be set in place through the Nano-Perso application which will provide back-up of the production systems.
Jamal AbdAllah Al-Jamal, QIIB’s Deputy CEO said, “QIIB vision is to go beyond our valued customers expectations, and we have taken strategic steps towards best innovative solutions that would result achieving this vision, and cooperating with OMA is one of these decisions due to their wide local and international experience for the card personalization”. He added: “New and existing customers can now benefit from getting a personalized QIIB Debit and Credit Card according to their segment instantly or within a short period of time as featured by this key project.”
OMA Emirates Group has been providing solutions to the payment industry in Qatar for over 10 years and has made significant inroads into the banking sector.