RSA Middle East, a branch of UK-based leading insurance service provider Royal & Sun Alliance Insurance (RSA), has collaborated with Magnati, a wholly-owned subsidiary of First Abu Dhabi Bank (FAB), to provide better omnichannel services for a seamless payment experience to its customers.
Magnati will offer RSA a complete secured payment acceptance solution for both in-store and online channels. Customers of RSA will benefit from a more advanced point-of-sale system, pay-by-link services, a wider range of alternative payment methods, and interactive voice response payments.
Under the partnership, Magnati will also support RSA with web integration for e-commerce, batch processing and business analytics access. RSA will be able to boost automation, streamline operations, and provide personalized insights and a seamless payment to its consumers by leveraging Magnati’s cutting-edge digital solutions.
Ramana Kumar CEO – Magnati
“Magnati is ushering in the next era of payments by partnering with businesses to provide them the latest in payment technologies. Our partnership with RSA is an example of a collaboration that advances the UAE’s payment landscape and cashless vision by enabling a more efficient and secure way to make digital payments.”
Mr. Martin Rueegg, CEO of RSA Insurance Middle East, said that “We recognize customers are increasingly shifting towards a cashless way of living, hence we are extremely excited to be collaborating with Magnati. Their specialist infrastructure and next-generation technology ensure that our customers’ online payments are handled safely and conveniently. Our customers are always at the heart of what we do and we are excited for them to use this new feature to improve their online buying experience.”
Magnati, which focuses on direct acquiring, issuer processing, and acquiring processing, helps the FAB Group strengthen its leading position in the rapidly expanding payments sector and accelerate its digital transformation plan.
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