Telr showcased future online payment solutions

Telr is an e-commerce solution who provide services critical to the growth of the businesses of all size online merchants. Telr is in Middle East since 4 years and has also launched in India, Saudi Arabia, Egypt, and Pakistan and recently licensed the technology to a telecom operator in Indonesia. Telr merchants, through focus on digitization, offer taxi services, sell fashion products, offer services to open legal entities in UAE, collect management services fees from residents in apartments and enable to travel to different parts of the world. “We see online entrepreneurs use our tools to accept and manage online payments via website, mobile and social media such as Facebook, WhatsApp and Instagram. Clearly, we feel excited to have invested in a strong experienced team in UAE and in local data centres with emphasis on online security, thereby partnering with UAE based entrepreneurs to help them grow in GCC and beyond” said  Sirish Kumar, CEO and Co-Founder, Telr.com. Telr’s team, leveraging its rich experience, has built proprietary anti-fraud and risk management solutions. This has helped Telr offer advanced anti-fraud solutions to SMEs and start-ups that are generally offered only to large merchants. This helps the SME and startups increase their revenues by having a success ratio of transactions without compromising fraudulent consumer behavior. “We are getting to those markets where merchants are using social media as a surge of smart phone penetration and there is lot of cross border work as well. We have now merchants which have grown internationally and more importantly we can now help them get 15 currencies in this country” concluded Sirish.