Sunday, February 3, 2013

OMA Emirates partners with Himalayan Bank for fully integrated banking Switch and Card Management System



OMA Emirates — a leading global business solution provider in the Middle East — has announced the launch of its subsidiary OMA Nepal.
With the launch of OMA Nepal, the company based in Dubai brings its wide range of product and service offerings to the financial sector of Nepal, said group chief executive of OMA Emirates Niranj Sangal, here today.
The company provides cutting edge technology solutions in the area of card personalisation, payment issuance and payment acquiring systems through a global delivery platform, he said, adding that the company has provided its service to Himalayan Bank in Nepal.
The pioneer of payment solutions of the Middle East has successfully completed the NanoSwitch for Himalayan Bank.
NanoSwitch is a fully integrated banking Switch and Card Management System (CMS) that is capable of managing ATM and Point of Sales devices and acts as the central interface for all payment and banking activities.
"With our in-house team of qualified and creative software developers, we provide a full fledged and flexible system that takes cognisance of the entire issuance and acquiring requirements of Himalayan Bank," Sangal added. "Moreover, our indigenous solution is highly cost effective from the financial aspect of the project."
"As one of the most prominent banks in the country, we have an ongoing need to modernise our banking systems and lead the way for other financial institutions," said chief executive of Himalayan Bank Ashoke SJB Rana, on the occasion.
"The bank looks forward to a rewarding experience in our partnership with OMA Emirates in creating an indigenous NanoSwitch solution," he said, adding that the complete guidance extended by OMA’s highly skilled professionals and ease of installation met the bank's clear cut requirements. "The implementation of the new system — that cost the bank $300,000 — will be completed by mid-March."
OMA Nepal is dedicated and fully committed to serving the different industries including the banking and finance sector of Nepal, according to the company.
"With OMA Emirates drawing huge success across several markets in the Middle East, Europe and Asian subcontinent, the company looks forward to attaining the same with the launch of its subsidiary OMA Nepal, in the country," it said, adding that OMA also plans to launch a full-fledged support, and Research and Development centre to provide end-to-end service to its customers as it is aiming at providing Business to Consumer services. "Its facility shall also provide support services to East Asian countries."
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