UAE Business: Mashreq invests in Touché for payments in F&B, hospitality – Gulf Digital News

UAE Business: Mashreq invests in Touché for payments in F&B, hospitality – Gulf Digital News

Mashreq, one of the leading financial institutions in the UAE, has announced an investment in the fintech Touché, to transform the F&B and hospitality industries with the latter’s streamlined payment system.



Touché enables the F&B and hospitality world to service clients through a single certified device, which links to their infrastructure and acquirer.



Fernando Morillo, Global Head of Retail Banking, Mashreq Bank, said: “We are constantly looking to collaborate with innovative FinTech operators who offer solutions to help transform life for customers, citizens and the private sector.



“Touché is doing just that, providing a more streamlined approach to payments for the F&B and hospitality industries. We are delighted to partner with Touché. 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.”



Headquartered in Singapore, with offices in Barcelona, Tokyo and Dubai, Touché, 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: [email protected], [email protected], [email protected], [email protected] and Order&Pay.



Sahba Saint-Claire, CEO and Founder of Touché,