Saturday, July 20, 2019

SINNAD launches its payment platform in partnership with Compass plus

Sinnad Company signed its successful agreement with Compass Plus, one of the leading Card Management System vendors to proceed with new dimensions of evolution in the payment services.

This agreement is a major milestone in Sinnad’s strategic expansion plan. The Card Management System is the main foundation in enriching Sinnad’s client banks offering and efficient operations in the card business industry in particular and payment services in general.

Rana Almaeeli, General Manager of Sinnad Company said:

“We are pleased to sign this agreement with Compass Plus. Sinnad Company will acquire an end-to-end secured and reliable system and will allow all its client banks enjoy a topnotch service marked with convenience, reliability and confidentiality. Sinnad has always been seeking to provide the best solutions for all services related to cards, ATMs and risk management for banking transactions for all banks in the Gulf States and MEA at the latest international standards and specifications. Sinnad continues in taking the cards outsourcing business and services to new eras of development marked with high quality and undisputable deliverables which have always been the most desired amongst the business community.”

“We are delighted to sign the agreement with Sinnad and to enter a new and rewarding partnership with them”, said Mr. Alexey Osipov, EVP – Managing Director Middle East & Africa of Compass Plus. “We are confident that the combination of SINNAD’s ambitions to be the market leader and Compass Plus’ state of the art Card Management System and expertise will result in success. We strongly believe that this partnership will be an outstanding platform from which to boost SINNAD’s customers’ portfolio into a new era of development and growth”.

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