A major part of the deal is for GoSwiff to take charge improving Ooredoo’s ability to facilitate a smart device’s capability to become a cash register
International telecommunications giant Ooredoo Group has chosen Singapore’s mobile payment startup GoSwiff as a “global mobile payments and marketing solution provider”.
The partnership covers nine countries — Algeria, Indonesia, Iraq, Kuwait, Myanmar, Maldives, Oman, Qatar and Tunisia.
“We are proud to have been selected by Ooredoo Group as its global partner as the company introduces its offer of mobile payments to nine exciting markets across North Africa, Middle East and South East Asia,” said GoSwiff CEO Simone Ranucci Brandimarte in an official statement.
“We already have a presence in each of these regions and, with this new partnership with Ooredoo, look forward to serving local merchants even better,” he added.
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In the deal, GoSwiff will provide Ooredoo Group with mobile point of sale services — called mPOS, the technology allows wireless smart devices to perform the function of a cash register.
GoSwiff will also provide mobile money and airtime top-up services as part of the agreement.
For Ooredoo, the company will outsource management services to facilitate implementation across various industry verticals.
“With its comprehensive range of services and international experience, GoSwiff is a strong partner to help Ooredoo build our mPOS platform,” said H.E. Sheikh Saud Bin Nasser Al Thani, Group CEO, Ooredoo in an official statement.
Ooredoo is a large international telco with a presence in the Middle East, North Africa and Southeast Asia. The company has almost 115 million customers and generated US$9.1 billion in revenue in 2014. It is headquarted in Doha, Qatar.
Founded in 2010, GoSwiff launched a new app in October to improve its mPOS services. In November it expanded into Georgia and Turkey.
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