- Published March 6, 2018
PRESS RELEASE: PayiQ Grows in the Middle East
PayiQ is further strengthening their organization and sales efforts in Middle Eastern and North African markets to meet the growing
customer needs. Together with its UAE-based partner Broadfolio MEA PayiQ is pushing its award-winning solution to the booming mobile payment
PayiQ’s solutions are designed to meet the changing needs of smart cities, transport operators and event organizers. Their cloud-based solution
is a one stop shop for mobility, event and other services – all services are available on mobile devices. PayiQ’s technology offers an easy,
flexible and low-cost way to create innovative new service concepts. PayiQ started collaboration with the Dubai-based consulting company Broadfolio
MEA last year. Broadfolio MEA specializes in market entry, sales and business development services. Broadfolio MEA has an extensive contact network
and has already found several promising prospects in various countries including Iran, Kuwait and the United Arab Emirates.
"We are delighted to continue our cooperation with PayiQ, one of the leading mobile payment solutions enablers. Broadfolio has a strong
local presence in the Middle East and we see the great demand for PayiQ’s mobile payment solutions thanks to earlier launched strategy of Dubai
Smart City", describes Broadfolio’s Managing Partner Kimmo Kytösaari.
"We have high hopes for deepening our cooperation with Broadfolio MEA and focusing more on the Middle Eastern markets. Mobile payments
market is growing fast in the MENA region and this is the right time to maximize our efforts. Our Ticketing as a Service platform enables versatile
ticketing services for various service providers and transport operators. With our technology it’s possible to move to a mobile era with unforeseen
swiftness. Key benefits to customers are its easiness and simplicity – everything can be handled with one mobile phone app" Tells
Tuomo Parjanen, PayiQ’s CEO.
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