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Written by / Agency / Source: ElectraCard Services (P) Ltd
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ElectraCard Services (ECS) Partners with Raqmiyat, LLC - Partnership will enhance ECS’ reach in the UAE market - /
ElectraCard Services (ECS) Partners with Raqmiyat, LLC


NewswireToday - /newswire/ - Pune, India, 2012/10/31 - Partnership will enhance ECS’ reach in the UAE market - /

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ElectraCard Services (ECS), a leading provider of software solutions for electronic payment systems, announced its partnership with Raqmiyat LLC, a leading UAE-based systems integrator, to enhance its presence in the UAE market. As partners, Raqmiyat will be authorized to market & provide after sales services for electra™ suite of products & services to banking and financial customers.

In the last two decades, Raqmiyat LLC has delivered technology enabled business solutions to some of the country’s leading corporate names. Over the years, it has built knowledge bank & expertise to understand the specific need of BFSI markets. This partnership with ECS will enable Raqmiyat to offer a wider product portfolio to its existing customers. ECS, which has customers in UAE, plans to reach out to a larger market at a faster pace. This synergy of business domain has enabled the two companies to form a partnership which compliment each other’s objectives.

While speaking on the occasion, Mr. Ramesh Mengawade, CEO, ElectraCard Services said,“To enhance customer engagement and experience in UAE, we have partnered with Raqmiyat. UAE is an important market for us, hence we needed a partner who understands the market and has the capability to extend local support & customer insights. I am confident; this strategic partnership will help us to deliver solutions that meet the specific requirements of UAE market.

Tapas Roy, CEO, Raqmiyat LLC said,“As an organization, we constantly aim at moving up the value chain to ensure our customers’ needs are met. This partnership with ECS will assist us to add value to our customers with products and services that are reliable, secured & cost effective and designed & delivered by team of experts who understand the payment domain.”
About ElectraCard Services

ElectraCard Services, a subsidiary of Opus Software Solutions, provides software and third party processing services for card and payments management across the world. ECS is a PCI DSS certified Third Party Processor (TPP) for MasterCard® and VISA® across the issuing and acquiring side. Its deep domain knowledge, extensive global experience and cost effective solutions address the speed to market and flexibility challenges of today’s market.

ElectraCard Services enables financial institutions, retailers, finance companies and corporations to electronically process, in real-time, any type of payment transaction, including credit, debit, prepaid, smart cards, and ACH. In addition to typical back office processing, ECS also offers ecommerce gateway and switching solutions. Its solutions support multiple institutions, multiple currencies, and varying processing requirements on a single platform.

By providing comprehensive and flexible solutions that can be deployed to a market of one, ElectraCard Services offers unmatched services and solutions.

®MasterCard is a registered trademark of MasterCard International, Incorporated.
®VISA is a registered trademark of VISA International Service Association.
electra is under trademark and copyright by ElectraCard Services.

For more details on this release, please contact:
Suman Sharma/Akansh Agarwal - Ketchum Sampark PR
M: +91 8600113106 / +91 9960977772
E: suman.sharma[.] / akansha.agarwal[.]

About Raqmiyat, LLC - The primary IT company of the Al Ghurair business group
Raqmiyat (, as part of a strong, reputable, and financially stable business group, has acquired significant experience over the 25 years, especially through implementation of large turnkey projects in the financial sector. Strong understanding of the banking business coupled with more than 400 experienced personnel and availability of extensive support infrastructure has helped Raqmiyat fulfill its uncompromising commitment to provide quality service, and special care to its valued clients.

Raqmiyat has a dedicated offshore development centre in Chennai, India, which takes care of all software development and enhancement requirements.

Raqmiyat has the unique mix of skills & expertise to design, develop and implement mission critical solutions in the payment arena like the Image Cheque Clearing System (ICCS) implemented in more than 45+ banks in the UAE and other significant project undertaken by Central bank such as Wages Protection System (WPS), Funds transfer System (FTS), Direct Debit System (Mubasher), etc.

By providing value products and services based on the latest technology, building a strong presence in the local market as a leading systems integrator and winning the long-term loyalty of our clients through continued satisfaction, we continue to be the top of mind and service company for many businesses in the region.

Raqmiyat Contact in UAE
Michel Ghorayeb, Program Director
Banking & Financial Solutions
Raqmiyat LLC
T: +971 4 2959606 x1101 / F: +971 4 2959515 / M: +971 50 2562502
E: michel.ghorayeb[.]

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ElectraCard Services (ECS) Partners with Raqmiyat, LLC

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