Wednesday 28, October 2015

Dubai – MENA Herald: KeyBS, a leading Emirati technology provider for financial institutions and member of Arabi Holding Group KSC, has entered into a franchise agreement with PortInvest in Angola. As part of this understanding, PortInvest will be the exclusive franchisee for KeyKIOSK and KeyPOS in Angola and will be offering services such as Domestic & International mobile top-ups, money transfer as well as Domestic utility bill payments and International utility bill payments to China, UK, Portugal and many other countries, add to this that people in Angola can book their bus tickets through KeyKIOSK.

Making the announcement, Mr. Ibrahim Darraz, Managing Director, KeyBS, said, “We are delighted to partner with PortInvest as our first franchise in Africa that is well placed to drive our growth in Angola. This agreement opens new frontiers for us. Having established ourselves as a highly reputed and reliable company in the Middle East, we are ready for new challenges. In keeping with our expansion strategy the tie-up with PortInvest  is our first step into Africa that holds enormous potential for us. We hope to sign another deal soon in in two to three countries in Africa and add it to our network in the UAE, KSA, Qatar and Bahrain. KeYBS will start with 100 KIOSK and 150 POS in the first year, this will be the first automated and payments KIOSK in Angola.”

Africa is witnessing strong demand from consumers for automated and electronic payment solutions. This has necessitated banks, exchange houses and other financial institutes to swiftly respond to this growing demand thus creating unprecedented opportunities for companies like KeyBS.

With its seamless and secure solutions, KeyBS has been at the forefront of technological advancements sweeping the banking and telecom industry. It provides advanced kiosk, point of sale (POS), Mobile and Web electronic payments channels and services for remittance transactions and bill payments as well as customized software and hardware tailored to boost productivity and efficiency that in turn help cut down costs.