Dubai’s tourism is thriving to a higher level day by day and it has become a great tourist destination with more than 10 million visitors coming every year to this hotspot holiday destination. People travel to the emirate for world class recreational activities, styling and shopping of course. Now shopping in Dubai is all the more convenient as from the latest reports the tourists visiting the emirate can make the payments in their home currencies at the point of sale.
A top official of the service provider revealed this that according to the latest pay in Your Currency service introduced in the UAE. The Planet Payment and Network International which is the largest provider of payment solutions in the MENA region has made this announcement as they have entered into a deal in order to launch the service named ‘Pay in Your Currency’ in the UAE. This new service will be really beneficial for cardholders, merchants and other financial institutions and its preferential exchange rates will be an added advantage.
Planet Payment is a foremost multi-currency payment and data processor. Philip Beck, who is The Chairman and Chief Executive of Planet Payment said as UAE is a country which is on the path of progression, this latest addition of paying in your home currency will add value to a purchase. Network International caters to cardholders or those coming from outside of the UAE said that this service is being offered to every merchant as well.
The CEO of Network International, Ram Chari said that an health care provider, retailer, educational institute and retailer those who are already accepting cards as the mode of payment can apply for this service if interested. Moreover, it is believed that this service proves to be a powerful tool in increasing sales and customer satisfaction. The service is also useful for revenue growth by merchants. So, now you can shop in Dubai till you drop as currency does not matter any more.
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