Abu Dhabi: ADNOC Distribution and Magnati, a top Middle Eastern supplier of payment solutions, have teamed up to improve customers’ perceptions of the future of retail.
By implementing Magnati’s state-of-the-art single-device point-of-sale terminals in all ADNOC service stations and ADNOC Oasis stores, this partnership represents a major turning point. Now, in addition to petrol and non-fuel payments, the new payment terminals provide a wide range of services, including car washes and lubricant changes.
Ramana Kumar, Chief Executive Officer of Magnati, said that, “We are excited to partner with ADNOC Distribution to implement our first-of-its-kind payment technology across their extensive retail network. Our solution is designed to meet the evolving needs of ADNOC Distribution’s customers, who are looking for fast, secure, and convenient payment options. We are confident that our partnership will help us to revolutionize the payment experience in the UAE, ushering in a new era of next-generation solutions that unlock the full potential of payments.”
Using this technology is also a major accomplishment for ADNOC Distribution in terms of cost optimization, which is consistent with their dedication to cutting-edge digital solutions.
Bader Al Lamki, CEO of ADNOC Distribution, remarked that, “Our partnership with Magnati supports ADNOC Distribution’s Payment Device Standardization strategy, where payment and business solutions are seamlessly integrated end to end. Through our steadfast commitment to innovation enabled by technology and artificial intelligence, our new payment terminals also facilitate vehicle license plate recognition and allow customers to order from ADNOC Oasis stores, further supporting personalized customer experiences.”
Over 10,000 terminals have been installed by Magnati in ADNOC stations in the Emirates thus far.
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