Magnati partners with AAC to streamline payments via Aani

By Gloria Methri

Magnati, a payments solutions provider in the Middle East, has signed an agreement with Arabian Automobiles Company (AAC), the flagship company of the AW Rostamani Group and the exclusive dealer for Nissan, INFINITI, and Renault in Dubai, Sharjah, and the Northern Emirates.

Under the agreement, Magnati will provide enhanced payment solutions through Aani, Al Etihad Payment’s (AEP) instant payment platform, at AAC outlets for their customers. The platform delivers a fast, seamless, and secure payment experience for individuals, businesses, and government entities nationwide.

AEP developed Aani under the Central Bank of the UAE’s Financial Infrastructure Transformation Programme. Built on state-of-the-art infrastructure, it provides licensed financial institutions and payment providers with best-in-class capabilities, enabling faster, safer, and round-the-clock digital transactions.

Salim Awan, MD Institutional Payments of Magnati, said, “Through this collaboration, Magnati is providing enhanced payment offerings and several advantages to merchants. What this means is that real-time payments around the clock will enhance cash flow, and customers will benefit from an improved payment experience with instant transaction confirmation via QR codes. The collaboration means that AAC customers can access leading payment technology, and they can take advantage of our seamless digital payment solutions.”

Hussam Baghdadi, Senior Director at Arabian Automobiles Company (AAC), said, “The integration of Aani offers our customers instant and secure transactions, positioning AAC as a leader in digital payment innovation within the automotive sector. This collaboration not only streamlines the payment experience for our customers but also delivers substantial operational efficiencies for us as a merchant, aligning seamlessly with the UAE’s vision for cutting-edge digital payments.”

The partnership aligns with the UAE’s goal for advanced payment solutions and highlights Arabian Automobiles’ focus on optimising customer experience and streamlining digital transactions.