Payment Solution for UAE Central Bank

Payment Solution for UAE Central Bank

Business Overview

A leading Bank based in United Arab Emirates – our client since 2019 

Challenge

The main challenge for the client was not having a comprehensive payment solution as per UAE Central Bank services​. Also, not all the solution vendors had the required software solutions for getting maximum service coverage. 

Solution

  • NeST Digital provided a suite of payment solution in line with UAE Central Bank payment services 
  • Wages Protection System 
  • UAE Fund Transfer System  
  • Immediate Payment Interface 
  • UAE Direct Debit System 
  • Biller Payer System 
  • ICCS (Image Cheque Clearing System) with Customer site integration module. 
  • ADX (Dividend Management and distribution system for Abu Dhabi Securities Exchange) 

Solution highlights:

  • Client has now expanded coverage of payment services 
  • NeST Digital systems have enabled our customers to do business cheaper, better & faster 

Value Delivered

  • Client realized the business value of NeST WPS eDGE product​ 
  • We are providing continuous technology support keeping the system’s performance up-to-the desired level & make continuous updates as per business needs 

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