Mashreq, one of the leading financial institutions in the United Arab Emirates, has announced an investment in the FinTech Touch\u00e9, which is revolutionizing the F&B and hospitality industries with its streamlined payment system.<\/p>\n\n\n\n
The partnership re-enforces Mashreq\u2019s commitment to support the burgeoning FinTech ecosystem across the UAE, working with innovators and entrepreneurs to improve the overall customer experience from every touchpoint.<\/p>\n\n\n\n
Touch\u00e9enables the F&B and hospitality world to service clients through a single certified device, which links to their infrastructure and acquirer.<\/p>\n\n\n\n
Fernando Morillo, Global Head of Retail Banking<\/strong><\/em>, Mashreq<\/em> Bank,<\/strong> said: \u201cWe are constantly looking to collaborate with innovative FinTech operators who offer solutions to help transform life for customers, citizens and the private sector. Touch\u00e9 is doing just that, providing a more streamlined approach to payments for the F&B and hospitality industries.We are delighted to partner with Touch\u00e9. The F&B and hospitality industries have arguably been two of the hardest hit sectors by the global COVID-19 pandemic and any solution that helps them on their road to recovery must be warmly welcomed.\u201d<\/p>\n\n\n\n Headquartered in Singapore, with offices in Barcelona, Tokyo and Dubai, Touch\u00e9, a certified solution by Oracle, runs on a fully integrated mobile Android-based smart payment terminal, offering four modules for full-service and quick-service businesses: Order@Table, Pay@Table, Benefit@Table, RoomChg@Table and Order&Pay.<\/p>\n\n\n\n Sahba Saint-Claire, CEO and Founder of Touch\u00e9<\/strong>, further commented: \u201cWe\u2019re really excited to partner with Mashreq Bank, a leader in the payments industry. For too long the credit card world has been biased towards the cardholder, Touch\u00e9 brings the value-added services to the physical merchants for them to have tangible benefits.\u201d<\/p>\n\n\n\n The Middle East has witnessed significant growth as a FinTech hub both for investors and innovators. According to Finextra, by 2022, 465 FinTech firms in the UAE will generate around $2 billion in investment capital funding, compared to $80 million in 2017.<\/p>\n","protected":false},"excerpt":{"rendered":" Mashreq, one of the leading financial institutions in the United Arab Emirates, has announced an investment in the FinTech Touch\u00e9, which is revolutionizing the F&B and hospitality industries with its streamlined payment system. The partnership re-enforces Mashreq\u2019s commitment to support the burgeoning FinTech ecosystem across the UAE, working with innovators and entrepreneurs to improve the […]<\/p>\n","protected":false},"author":1,"featured_media":18491,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-18489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/03\/Fernando-Morillo-Global-Head-of-Retail-Banking-Mashreq-Bank.jpg",900,613,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/03\/Fernando-Morillo-Global-Head-of-Retail-Banking-Mashreq-Bank.jpg",900,613,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/03\/Fernando-Morillo-Global-Head-of-Retail-Banking-Mashreq-Bank.jpg",900,613,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/03\/Fernando-Morillo-Global-Head-of-Retail-Banking-Mashreq-Bank-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/03\/Fernando-Morillo-Global-Head-of-Retail-Banking-Mashreq-Bank-300x204.jpg",300,204,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/03\/Fernando-Morillo-Global-Head-of-Retail-Banking-Mashreq-Bank.jpg",900,613,false],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/03\/Fernando-Morillo-Global-Head-of-Retail-Banking-Mashreq-Bank.jpg",900,613,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/03\/Fernando-Morillo-Global-Head-of-Retail-Banking-Mashreq-Bank.jpg",900,613,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/03\/Fernando-Morillo-Global-Head-of-Retail-Banking-Mashreq-Bank.jpg",617,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/03\/Fernando-Morillo-Global-Head-of-Retail-Banking-Mashreq-Bank.jpg",100,68,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"news<\/a>","rttpg_excerpt":"Mashreq, one of the leading financial institutions in the United Arab Emirates, has announced an investment in the FinTech Touch\u00e9, which is revolutionizing the F&B and hospitality industries with its streamlined payment system. The partnership re-enforces Mashreq\u2019s commitment to support the burgeoning FinTech ecosystem across the UAE, working with innovators and entrepreneurs to improve the…","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/18489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=18489"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/18489\/revisions"}],"predecessor-version":[{"id":18492,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/18489\/revisions\/18492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/18491"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=18489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=18489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=18489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}