HSBC joins Dubai Trade’s Rosoom

HSBC is set to join forces with the online
portal and trade facilitator of Dubai World, offering its Direct
Debit services to Dubai Trade customers through the centralised
e-payment gateway Rosoom.

According to Middle Eastern website
ameinfo.com, the agreement will allow Dubai’s trade community
access to their HSBC accounts online and give them the ability to
carry out transactions with terminal operators DP World, Jafza and
DMCC.

“We are pleased to welcome HSBC to Dubai
Trade’s expanding family of trade enablers,” said Mahmood Al
Bastaki, director of Dubai Trade.

“Since its introduction, Rosoom has become a
preferred online e-payment gateway for our customers in their
transactions with DP World, Jafza and DMCC. With increasing
adoption of e-services by the trading community, it has become
imperative for us to continuously strengthen the support structures
of the portal and enhance the experience for the users of Dubai
Trade.”

ameinfo.com reports that HSBC will work
closely with its customers and Dubai Trade to roll out this
functionality over the coming months.

The deal was signed in the presence of Al
Bastaki by SVP and managing director of DP World UAE region Mohamed
Al Muallem and deputy CEO of HSBC UAE Marcus Hurry.