HSBC partners with Geidea

Accessible to corporate clients through HSBCnet, the Omni platform is drafted to untangle the way businesses gather digital payments for products and services sold on credit, debit cards, and e-wallets. 

Geidea integrates a merchant feature within Omni Collect, allowing all HSBC business and corporate clients access to the card receivables solution, giving them a better understanding of their collections of data. Businesses can track online transactions, combine reports from various payment methods, and have a cohesive overview of their daily transactions.

HSBC customers in the UAE, who operate internationally, can scale their business by using Omni Collect across markets like Asia and Europe, and vice versa. The Omni Collect service is accessible in the UK, Australia, India, mainland China, Hong Kong, Indonesia, Malaysia, South Korea, Japan, Singapore, Thailand, and Vietnam.

Fintech in UAE

Moreover, the progression of payment systems relies heavily on collaboration among public and private sectors, regulatory bodies, commercial banks, and other entities in the market. This synergy is crucial for fostering innovation, ensuring security, and enhancing efficiency across the financial landscape. By working together, these stakeholders can develop robust frameworks that address emerging challenges such as cybersecurity threats, digital fraud, and the need for seamless cross-border transactions. As the world becomes increasingly digital, the demand for real-time payments and mobile banking solutions continues to surge.