Magnati, a prominent payments provider, has entered into an agreement with Arabian Automobiles Company (AAC) to offer AAC customers improved payment solutions via Aani, the instant payment platform developed by Al Etihad Payments (AEP).
This advanced platform ensures swift, seamless, and secure payment experiences for individuals, businesses, and government organisations across the UAE.
The collaboration further strengthens Magnati’s commitment to driving innovation in payments. AEP created Aani as part of the UAE Central Bank’s Financial Infrastructure Transformation Programme.
24/7 digital payment transactions
Aani is powered by cutting-edge infrastructure, offering licensed financial institutions and payment providers exceptional capabilities for faster, safer, and round-the-clock digital payment transactions.
Salim Awan, Managing Director of Institutional Payments at Magnati, stated: “This partnership enables Magnati to provide enhanced payment solutions and numerous benefits to merchants, including real-time payments that improve cash flow. Customers enjoy an enhanced payment experience, with instant transaction confirmation via QR codes. AAC customers can now access leading payment technology and seamless digital payment solutions through this collaboration.”
Hussam Baghdadi, Senior Director at Arabian Automobiles Company, commented: “In today’s fast-changing digital environment and competitive UAE market, businesses must adopt innovative solutions to elevate customer experience and drive revenue growth. Our partnership with Magnati reflects our dedication to these goals by leveraging advanced payment technologies. By integrating Aani across our outlets, we provide customers with instant and secure transactions, solidifying AAC’s position as a leader in digital payment innovation in the automotive industry. This collaboration not only enhances the payment process for our customers but also delivers significant operational efficiencies for us as a merchant, aligning perfectly with the UAE’s vision for advanced digital payments.”
