For broadening the Middle East Market, Amazon Payment Service and Zurich launched a Digitalized Payment Service App

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The Payments processing hand of the E-Commerce major Amazon, the Amazon Payment Services alongside its insurer partner Zurich International Life have recently launched up a digitalized payment services for the Middle East clients for payment of insurance premiums digitally across all of Zurich’s merchandizes in native currencies as well as without incurring any further conversion fees as well as the highest levels of Clientele Data Security.

The APS Payment processing service providers core mission is to empower trades with simple, reasonable, as well as trusted online payment experiences within the entire Middle East and North African (MENA) territory.

This latest service has been made available for the diverse set of clients in the UAE, Bahrain, Qatar, Saudi Arabia etc since January 2021.

The digital payment integration distributes a safe and secure environment for receipt and processing client data. APS also performs as the single point of contact for managing Zurich’s digital payment requirements, offering end-to-end support by networking with numerous diverse parties in a whole secured card payment ecosystem.

The CEO of Zurich International Life in the Middle East territory, Walter Jopp, stated that: “Partnering with Amazon Payment Services has enabled us to provide a seamless digital payment experience for our customers that offers more payment flexibility while optimizing operating costs, ultimately benefitting the end customer. Zurich’s instant life and critical illness insurance solutions, YourLife and YourCare, can now be purchased online in a matter of minutes with absolute peace of mind.”

The Managing Director of the Amazon’s Payment Service in Middle East, Omar Soudodi, stated on the ongoing partnership that, “It is a privilege to be part of the digital transformation journey of Zurich International Life Limited, enabling them to become one of the first life insurance companies in the Middle East to launch an end-to-end digital payment and customer onboarding experience.”

Zurich International Life Limited (a part of Zurich Insurance Group) is a principal multi-line insurer offering a broader range of life, savings and investment solutions for global firms, mid-sized and large businesses, small trades, and entities in the Middle East.

The preceding December 2020, the E-commerce giant proclaimed the unveiling of APS in the Middle East and North Africa territory. 

About Amazon Payment Services: –

Amazon Payment Services is a payment service provider (PSP) that operates across the Middle East and North Africa (MENA) region with a mission to empower online businesses with a simple, affordable, and trusted payment experience. Designed to enable businesses to unlock their online presence, Amazon Payment Services provides a secure online payment gateway that is easy and safe to-to use. For more information on Amazon Payment Services, please visit https://paymentservices.amazon.com/ and follow us on Twitter, Facebook.

About Zurich Insurance Group

Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 55,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 215 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at https://www.zurich.com/en

About Zurich International Life Limited Zurich International Life Limited is a part of Zurich Insurance Group and established in the Isle of Man which is licensed by the Isle of Man Financial Services Authority with established and registered branches in the UAE licensed by the Central Bank of the UAE, Bahrain licensed by the Central Bank of Bahrain, and the Qatar Financial Centre authorized by the Qatar Financial Centre Regulatory Authority. In the UAE it is registered (Registration No. 63) under UAE Federal Law Number 6 of 2007, and its activities in the UAE are governed by such law. Further information about Zurich Internal Life Limited is available at: https://www.zurich.ae/

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