Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait - CFC Posts Remarkable Growth In E-Payments  Join our daily free Newsletter

MENAFN - Arab Times - 30/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) Commercial Facilities Company 'CFC' recorded an impressive growth in electronic payments during 2013 with an increase of 52% compared to the 165 thousand transactions made during 2012. The total number of payment transactions via the Internet during 2013 reached approximately 250,000 transactions, with more than 20% through the "Android" and "IOS" applications; which were launched mid-2013. Nasser A. Al Mannai, Assistant Managing Director of Marketing, CFC, stressed on the importance of Internet and smart phones as major networking channels, which are widely used by a large segment of customers, he said: "We are delighted to see the interest shown by our customers in using the electronic services offered by our company, particularly the smart phone applications available in both Arabic and English which have been highly popular, even though its launch period has not exceeded six months.





Al Mannai added: "The ease of browsing the company's website in its new look and distinct contents about the company, played a key role in briefing customers with information about the smart phone applications. Inquiries were also directly shared with the call center, in addition to the benefits of other services provided by CFC, including loan application, using the loan calculator, paying premiums through K-Net service and quick payment". Al Mannai further stated: "We have noticed that a large segment of our customers rely on the company's electronic network with all its applications and search engines for the implementation of their transactions when they are not in the country. This interface gives them the opportunity to communicate directly and effectively with CFC, allowing them to take advantage of all the electronic services through the company website"





Al Mannai concluded: "We are committed to continue making progress in the technological field and be up to date with the latest innovative technological solutions providing the best quality of services to maintain a smooth transaction for the benefit of our valued customer." It is worth mentioning that the CFC is known in Kuwait for offering the best and latest personal finance secured products and services, with speed and flexibility in conducting transactions, where loan requests take less than 24 hours. Customers can pay monthly installments; inquire about their account balance and next installment due date through the "CFC" renewed website www.cfc-kw.com or the CFC Smartphone application that can be downloaded from the "App Store" or "Google Play Store"." Also customers can submit applications at CFC's main office in Sharq, or at any of the company's branches located in Hawalli, Al Riggae, Fahaheel and Al Jahra, in addition to 21 company representatives spread between the main new and used car dealerships and visiting the company page on Instagram, Facebook and Twitter as well

 


Arab Times




  MENA News Headlines
 Jul 6 2015 - Abu Dhabi commends USD1b Reem Mall projectMENAFN
(MENAFN) Abu Dhabi Urban Planning Council (UPC) has given its official approval for developing the USD1 billion Reem Mall, the upcoming entertainment and shopping destination in the emirate, The ...

 Jul 6 2015 - GCC exports to decline 23 percent over losses from oilMENAFN
(MENAFN) The Gulf Cooperation Council (GCC) countries are forecast to suffer from a 23 percent decline in exports due to revenue losses from the oil sector, according to the Head of Commodity ...

 Jul 6 2015 - Dubai Municipality plans USD544.35m projectsMENAFN
(MENAFN) Dubai Municipality is presently mulling over 21 projects with an estimated worth of about USD544.35 million, according to the Director-General of Dubai Municipality, Gulf News reported.Some ...

 Jul 6 2015 - Saudi USD1.45b airport contract granted to German HochtiefMENAFN
(MENAFN) A Saudi Arabian USD1.45 billion development and expansion contract is set to be granted to Germany's Hochtief joint venture, according to official statements, Arabian Business reported.The ...

 Jul 6 2015 - RAK Ruler opens Bosnia property exhibitionEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras al-Khaimah, opened the first Bosnian Property Exhibition last night, held at the Ras ...

 Jul 6 2015 - UAE Cabinet endorses new organisational structure of Ministry of EducationEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and Their Highnesses and Excellences The Ministers ...

 Jul 6 2015 - UAE Cabinet statement on extremism and terrorismEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The UAE Cabinet reviewed the issue of extremism and terrorism which are jeopardizing regional and international security and stability. The Cabinet expressed its ...

 Jul 6 2015 - Hamdan bin Zayed: UAE plays a central role in addressing the consequences of humanitarian disasters and crisesEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The UAE, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, plays a plays a central role in addressing the consequences of ...

 Jul 6 2015 - Hamdan bin Zayed honours UAE's most generous donors to ERCEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in the Western Region and President of the Emirates Red Crescent (ERC) Saturday honoured the UAE's ...

 Jul 6 2015 - UAE- Cabinet's Financial and Economic Committee discusses 2016 budget billEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The Financial and Economic Committee of the UAE Cabinet, tonight discussed the budget bill for 2016 in a meeting chaired by H.H. Sheikh Mansour bin Zayed Al ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help