OMA Emirates develops self-service insurance terminals with Qatar Insurance Company

Cutting-edge payment industry technology provider OMA Emirates-Solution Gulf has launched an end-to-end system that will help run the region’s first Automated Insurance Machine (AIM).

The AIM is a self-service insurance purchase facility currently being pioneered by Qatar Insurance Company (QIC). The idea is for customers to have access to easy-to-buy insurance.

OMA Emirates is providing QIC with the AIM payment terminal technology as well as certified payment applications. QIC is expecting to open new sales channels and provide quick assistance for insurance purchases as the first insurance company in the region to introduce this AIM.

OMA Emirates’ self-service payment terminals will be installed in the AIMs to let customers buy insurance quickly and easily using their debit or credit cards.

The terminals are equipped with smart card readers and an encrypted PIN Pad that enables customers to enter their PIN securely. The terminals then connect to the QIC network using standard security protocols to complete the transaction.

“It is an honor to be a part of a pioneering project by QIC in providing its customers with an end-to-end system that will assist insurance purchase from AIMs,” OMA Emirates–Solution Gulf Group CEO Niranj Sangal said. ”We are in total control of their requirements with the precise Encryption PIN devices that are crucial for secured PIN entry when purchasing insurance without support staff. We are certain that this will pave way for many future projects that will work on the self-service format.”