February 2, 2016 -
Orange Business Services has signed an agreement with Canny Quest International, the Dubai-based technology partner of International Smart Card (ISC) in Iraq, to provide SIMs for connectivity to support ISC’s 6,000 payment terminals at points of service (POS) across Iraq.
An additional 8,000 POS locations are planned to be online by mid-2016.
ISC’s new model for e-payment services uses smart cards with sophisticated biometrics to authenticate customer ID and counter the risk of fraud.
ISC provides government employees and private sector organizations access to salary and pension e-payment services through terminals at points of service across the country. ISC customers can access a broad range of virtual financial account management services to access their money including smart cards (closed and open loop), mobile apps and wallets, and the Internet.
The ISC POS terminals are connected to the card management system and validates transactions through the Orange network. Orange interconnects with all the country’s mobile telecoms operators to ensure country-wide coverage and optimized signal quality.
Dr Hasan Alkhatib, managing director of Canny Quest International, said, “Iraq is an attractive greenfield market for innovation, and the country’s banking sector is underdeveloped, creating an opportunity for the deployment of new technology.”
“Orange Business Services provides a business-critical part of our solution and enables us to monitor and control our POS terminals. It’s a technical and business partnership that allows us to access Orange’s technical competence, geographical presence and global expertise, along with local contacts and service. This service has the potential to grow and develop and positively impact the country’s GDP. Orange’s ability to connect and deliver services seamlessly and reliably is essential to our success.”
Philippe Koebel, senior vice president, Emerging Markets and Indirect, Orange Business Services, said, “This new strategic partnership with Canny Quest International is supporting real innovation and a digital transformation leading to a new model for the banking sector in Iraq. It’s our first M2M application in the Middle East but more significantly, it’s making a real difference to people’s lives and we look forward to rolling it out to other countries through our extensive presence in the region.”