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."
