Vipera Plc (LON:VIP), the specialist provider of mobile financial services, has today announced that, in conjunction with its local partner Wavepac Infosystems LLC, it has entered into an agreement with the Arab Bank for Investment & Foreign Trade (“Al Masraf”) for a multi phase project covering the design, development and implementation of a mobile banking and bill payment solution.
The project will utilise it’s Motif platform and Motif middleware components to deliver a state of the art solution to Al Masraf. Once implemented, Al Masraf’s customers will be able to utilise the latest mobile technology for banking and bill payment within UAE. The Motif platform supports the use of smartphones and wearables for banking & payments and will enable Al Masraf to deliver a range of banking, payment and value added services in the future.
CFO Martin Perrin talks to DirectorsTalk about its new agreement with the Arab Bank for Investment & Foreign Trade (“Al Masraf”). Martin tells us what the customer has bought, how this will benefit the company and his thoughts on business in the Middle East.
Vipera Plc CEO, Marco Casartelli commented: “We are very pleased to be working with Al Masraf to implement our Motif mobile banking and bill payment solution. By using our Motif platform Al Masraf will gain access to the state of the art mobile banking solution, enabling them to quickly and effectively add this capability to their service offering.”