Ericsson, Trriple team up to provide mobile wallet products in the UAE
Ericsson and Trriple, a digital platform provider in the United Arab Emirates, have established a strategic partnership to provide managed mobile wallet solutions for the country's banking and smart city sectors, according to a press release.
The multi-year collaboration supports the UAEss Smart Government initiative, which aims to make more than 2,000 government services available via smart platforms.
Trriple claims to provide the only digital platform in the UAE that addresses the entire value chain of the country's mobile financial services sector. The company has established a banking-centric mobile wallet product that conforms to its banking partners' guidelines and a growing number of government and industry contracts. The Ericsson Wallet Platform is intended to enhance Trriple services by integrating and managing an open platform that enables users to store, transfer and withdraw money using a mobile device.
"Trriple is as committed as Ericsson to providing the UAE and the Gulf region with a first-of-its-kind, next-generation mobile wallet platform that enables secure and convenient everyday payments, saving consumers time and money with a special focus on financial inclusion for the unbanked," said Abdirizak Ibrahim Salah, co-founder and COO of Trriple. "In line with the UAE's vision for smart and sustainable cities, Trriple is looking forward to launching by the end of 2016 and continuing to grow with Ericsson in the region and beyond.”