Ashazi Services Co. W.L.L.

Ashazi also specializes in delivering Enterprise Platform Technology for Financial Institutions and Telecommunication Providers. The overall product portfolio include a comprehensive range of mobile applications that can be deployed on these platforms, as well as facilitating the back-office expertise for integrating Financial Institutions and Telecommunication Providers. Our Telecommunication System Integration scales from the traditional Telecommunication Infrastructure, to the overall support of individual IP Network Infrastructure. For Financial Institutions, our experience spans from connecting core banking servers to our in-house developed Payment Gateway, based on Open Source Cloud Technology.
The Internet traffic growth for the GCC is to be expected by 45% over the next two years, with an ongoing growth of 65% for the online payment industry, a number that is set to grow with the provision of secured online payment facilities and fraud prevention systems, specially in regards the threats of fishing, cloning and identity theft involved by releasing personal details. Based on the growing demand of risk management solutions and fraud prevention strategies, the Ashazi Payment Gateway cater the latest industry standards :

Functional Overview
Realtime Rule Engine

Ability to embed client specific realtime decision logic in payment acceptance processes.
Global Network of Credit Rating Partners

Existing worldwide cooperations with major national / regional credit rating institutions.
Global Network of Fraud Protection Service Partners

Existing worldwide cooperations with leading fraud protection technology and service providers.
Age Verification Services

Ability to provide international age verification and compliance services.
Customer Score Cards

Ability to set-up client specific score cards, either individually or on the basis of existing industry score cards.
Integration with Dispute Management

Seamless integration with dispute management functionality enables realtime data feeds into fraud data pools.
Negative Database / Terrorism Blacklist

Access to customer / industry specific internal data pools or inclusion of third party data (e.g. InterCard, U.N.,%u2026)

Ashazi is one of the leading GCC full-service providers of products and services for electronic payments. We offer a broad range of local and global payment methods in addition to corresponding risk management facilities

Age & ID verification: We work with external vendors to secure age and ID verification, dependent on what region(s) you target.

Automated bank transfer deposits: This is certainly possible if a corporate account with one of our bank partners is opened.

Anti-money-laundering/fraud management: The Ashazi Fraud Prevention and AML Suite allows the setting of rule based parameters. Select our standard suite or input your fully customizable settings. Includes IP BIN check, Geo-location, Velocity Checks, Black-/Whitelisting, and many further settings.

will offer the ability to make contactless payment transactions with cell phones. New technologies, such as chip and Near Field Communication, will make it possible to turn a cell phone into an electronic wallet.

Ashazi is working with financial institutions and telecommunications companies to make mobile payment technology and payment related services available.

The Ashazi Mobile payment platform leverages the security benefits of both chip and NFC technologies, providing you and your customers with a secure contactless payment solution.
NFC is designed for very short-range communication (under four centimeters) to ensure that transactions are secure and that the user is in control of the process including their personal data, at all times.
Only approved contactless readers can process payment data from cell phones programmed with the related application

Greater speed and convenience - your customer simply waves their cell phone with the Ashazi feature in front of a secure contactless reader. With no more fumbling for cash and no customer signature or PIN required, you'll see faster service at check out, shorter lines and less abandonment. Lines have been shown to be reduced by as much as 23%2, resulting in higher turnover at the point-of-sale.

Cost savings - faster service translates into increased efficiency and cost savings, while less cash handling helps reduce the costs of cash management and slippage.

Higher average ticket size - consumers typically spend more when using cards than paying with cash, with an average incremental ticket size increase of 22% versus cash.3

Enhanced security - the Ashazi Mobile Payment Platform leverages the security benefits of both chip and NFC technologies providing you and your customers with a secure contactless payment solution.

For most merchants, a terminal simply connects to your existing chip reading POS terminal.

As national ID Card programs start to mature, GCC Governments look towards developing their e-Government, e-Passport and e-Visa programs in regards online payment and mobile payment facilities. Interoperability and alignment of government services are crucial to achieving the future vision of all such programs.

Successful ROI is measured up on citizen experience, uptake, the streamlining of operations and improving security. It's a huge necessary task and governments are prepared to invest hundreds of millions to get it right.

How to develop unified and connected e -government services with online and mobile payment solutions
How to develop and implement next generation eGate and eID programs with advanced mobile applications and mobile payment platforms
How to extend card functionality as physical or virtual payment option by leveraging PKI technology

Ashazi Services offers Turnkey Solutions for GCC government agencies by deploying it's white label payment gateway and it's mobile payment platform.

Secure eCommerce with virtual credit cards

The solution for secure ecommerce
Instant creation of virtual credit cards
Variable spending limits and expiration time
Most secure way to purchase on the Internet
Multi-source funding / loading (e.g. phone bill)

Multi-platform application (whitelabel)
Issuing platform with real-time capabilities
Top-up and billing infrastructure
Support for multiple licensing and bank-partnership models

Multipurpose eWallet Platform
Comprehensive Mobile Wallet Platform

Mobile Payment at the Point-of-Sale (NFC)
Mobile device replaces traditional card carrier material
Near-field communication (NFC) enables terminal interaction
Loyalty and bonus programs (voucher, proximity alerts)
Peer-to-peer transfers (e.g. proximity payments)
Enables integrated mobile payments experience

Available Platform Components:
Multi-platform application (whitelabel) and NFC sticker
Online consumer enrolment, KYC and monitoring application
Account holder and stored-value account management
Top-up and billing infrastructure
Support for multiple licensing and bank-partnership models acceptance solution at point-of-sale

Ideal contactless companion device that enables use of mobile phones for contactless payment (e.g. PayPass)
Software compatible with most mobile phones on the market
Custom colors, printing, branding (e.g. carrier branded sticker)

Automatically collect loyalty points at purchase
Supports individual loyalty scheme per merchant
No barcode reader needed at merchant
Easy online signup for merchants
Push/pull notification on deals and discounts

Send cash from mobile to participating ATMs anywhere in the world
Peer-to-peer remittance solution

Card & Account Management Service
White-label Card & Account Management Platform
Web-based consumer service area and mobile application
(iPhone, Android)
Consumer Services
Registration
Manage Personal Details
View balance and transactions
Topup online by credit card, debit card
Send Money to other accountholders (Person-2-Person)
Real-time SMS noti%uFB01cation service
Real-time mobile application noti%uFB01cations
Locate next store
Service management console for operator

Management interface to configure the payment service, manage consumer and merchants, handle payment exceptions / dispute
management , manage fraud , AML and risk settings,...
Built -in fraud detection and anti-money- laundry features
Extensive set of open interfaces for 3rd party integration

Set of APIs to integrate 3rd party services e.g. cash-in, cash-out, mobile parking, bill payment, remittance.

Solution for secure ecommerce
INSTANT creation of virtual credit cards linked to consumer's
wallet accounts
Simple to use user interface
Variable spending limits (amount set by user) and expiration time
(validity set by user or operator)
Most secure way to purchase on the Internet

Mobile Payment Solutions - Supplier Comparison
Mobile Wallet Software
Comprehensive whitelabel mobile wallet software platform, incl. smartphone app, P2P-transfers, central management software

Regulatory Compliance
Global bank partner network allowing to offer deposit taking and funds transfer services on a certified and audited platform

Staggered know-your-customer procedure
From easy-to-use anonymous /prepaid entry level product up to full bank account incl. overdraft and unlimited transfer capability

Electronic Loading / Topup
Various electronic means of loading / topping-up the mobile wallet, incl. credit cards, direct debit, wire transfer, alternative payments

Cash Loading / Topup
Ability to load/top-up the mobile wallet with cash at retailers, gas stations and via gift vouchers

Issuing of Visa/ MasterCard (NFC)
Ability to issue open loop payment cards in plastic and on an NFC chip, either deployed OTA or on a sticker as stopgap technology

Financial
Institutions

Software
Companies

Specialist
Suppliers

Ashazi

* Most banks do not have the technical capability to support a staggered KYC

Ready-to-use whitelabel mobile wallet platform
Support for various top-up methods, incl. cash, credit card or phone bill
Send money peer-to-peer between account holders
Built-in fraud detection and anti-money laundering capability
Access to Visa/MasterCard merchant network via card issuing
Support for in-app payments and mobile commerce
Open APIs enable extension with 3rd party services

Setup Fee: determined after initial technical workshop
Transaction Fee: 0,10 %u20AC - 0,02 %u20AC per transaction (scale-based)
Card Account Fee: 0,10 %u20AC - 0,02 %u20AC per account per month (scale-based)
Call Center Interface: 4.000 %u20AC per month (incl. 5 users)
Further fees for special services might apply depending on setup.

We would be glad to provide you a proposal for the card issuing service too.