Mercury payments democratises digital payments with Oracle cloud

Mercury payments democratises digital payments with Oracle cloud

Dubai: – Mercury is using Oracle Banking Payments, running on Oracle Cloud Infrastructure (OCI) to help democratise digital payments in the UAE. With Oracle Banking Payments, Mercury was able to capitalize on changes in the digital payments landscape in the post-pandemic era to create their unique offering in the market. Today, its Payments-as-a-Service offering facilitates and simplifies payments by connecting customers, banks, exchange houses, government bodies, and enterprises. The offering was created to support the Instant Payment Platform for the UAE Central Bank National Payment Systems Strategy (NPSS).

To learn more about these systems, join Oracle at Sibos booth #D86 October 10-13, 2022, and book a meeting here.

“Mercury Payments Services was formed with a mission to democratize financial services. Our vision and strategy are to make payments completely safe, secure, and smart for all our stakeholders using the most advanced technologies,” says Nihad Nazir, chief digital and technology officer Mercury Payments. “We sought to provide payment services to the UAE’s traditionally disenfranchised, unbanked populace. Now, we are expanding our solutions with a sophisticated Platform-as-a-service offering for banks and exchange houses that makes the most of Oracle’s banking expertise and Oracle’s cloud innovations in region, including their recent data center launch in