Telr wins Best Payment Product in the Middle East for 2015
- Telr was awarded the Best Payments Product in the Middle East for its safe, convenient and customisable payment options
- The gateway's e-invoicing function allows merchants to send invoices and receive payments directly via email, web applications, or over the phone
- Telr provides real time, integrated fraud management and has the highest level of PCI compliance
June 2015 — Telr, the Singapore based online payment gateway focusing on emerging markets, has been awarded with the prestigious 'Best Payments Product' for 2015 at The Asian Banker's 2nd Annual MEA Awards Ceremony.
Servicing the UAE with planned expansions into 6 more MENA countries, including Jordan, Egypt, and Saudi Arabia in the next 6 months, Telr has been working towards pioneering solutions that are safe, convenient and customisable to different merchant requirements, including features like local currencies and languages and strong local support and strategic partnerships. All of this combines to allow the gateway to integrate seamlessly with e-commerce websites and provide batch processing options to settle transactions at the same time every day.
In addition to e-merchants, Telr's e-invoicing system is crucial for social commerce, a rapidly growing sector of e-commerce that doesn't follow the traditional e-merchant formula. Social sellers are able to utilise this system to manage invoices and create a quick payment links to receive payments, or even accept payments over the phone, eliminating some of the uncertainties with social commerce.
Providing robust real time and integrated fraud management systems and the highest level of PCI compliance and coupled with real time comprehensive reporting, the company is setting industry standards that are boosting the level of confidence in online transactions.
Another innovative feature is Telr's tokenisation feature, which allows merchants to save a token in lieu of customer's payment information, so that customers do not have to enter their payment information every time a payment is needed, while still maintaining the highest level of security.
Based out of Singapore, Kuala Lumpur, Beijing and Dubai, the Asian Banker awards acknowledges superior products and services, and are refereed by prominent global bankers, consultants and academics. The awards programme is designed to identify emerging best practices as well as to identify implementation goals and challenges from which other banks and vendors can learn.
Telr is a Payment Gateway offering a set of unified APIs and tools that instantly enable businesses to accept and manage online payments via web, mobile and social media. Telr prides itself on offering the most secure, reliable and innovative online payment processing service available today in the Middle East. Telr has a team of passionate and experienced ePayments experts and a solid in-house developed platform aiming to revolutionize the payment gateways industry in Middle East, Africa and Southeast Asia through its unique value proposition of payment gateway and cash management solutions.