Foloosi
is a UAE Fin-Tech startup facilitating consumer-to-business card payments by
enabling businesses to display QR code, share Payment Links and API
integrations for their customers to pay conveniently.
United
Arab Emirates has the highest banking penetration rate in the middle east
region. Though in contrary, according to UAE central bank figures (in 2017):
75% of the whole UAE economy is based on cash transactions. Furthermore,
compareit4me.com survey (2018) show that 85% of online orders are processed through
cash-on-delivery option as a method of payment. Residents need more advanced
and modern options in line with the UAE's 2021 vision.
Foloosi
will enable a digital economy empowerment for local businesses, operating
merchants and most importantly the e-commerce sector. Foloosi will feature a
wide range of advanced technological products on its modern platform –
including the core function of ‘Scan to Pay’ feature, which allows a business
to accept card payment by displaying QR code technology.
Foloosi
was founded in 2018 and launched its product in the year 2019 that enables
simple and easy way to accept, process, disburses payment solution for
businesses. It helps businesses by providing payment link, subscriptions and
POS software. Foloosi’s payment solutions can be integrated by both web and
mobile applications.
We
are the only startup in UAE providing many billing solutions facilities and few
of them are du topup and bills, Etisalat topup & bill, FEWA, Mawaqif topup,
Mawaqif fine, National bond, NOL card, Ajman direct etc.
From
ordering food, buying clothes, planning trips, booking movie tickets to finding
supply chain partners, e-commerce has become an important part of everyone’s
life.
Arrival
and integration of chatbots- Artificial
Intelligence based has made it possible to facilitate a highly preemptive
response to what a customer is trying to find or purchase. No wonder many
discussions involving e-commerce site or store development, digital business
transformation and mobile application development invariably lay significant
emphasis on integrating chatbots to drive customer engagement and deliver
enhanced customer experiences.
With
the rise of mobile, social and cloud technologies, customer expectations
continue to increase. More than ever, they demand seamless and
hyper-personalized experiences. For many businesses, customer experience is the
new battlefield - a competitive advantage that attracts and retains loyal
customers.
With
this shift of consumer behavior in mind, we are on a mission to equip online
sellers of all sizes with a powerful platform to sell their products in an
innovative, frictionless way on social media, messaging apps and the web.
Our
conversational commerce solution creates engaging customer experiences and
turns digital marketing efforts into direct points of sales.
Our
Platform provides
ü Create
personal experiences and quickly answer queries through a unified team-inbox
that works across all your channels
ü Sell
products, send abandonment reminders, update users on orders and more through
chat
ü Track
your team's success in both customer satisfaction and revenue generated
Thus
we aim to help Saudi economy and provide jobs to local Saudi people- marketing,
operations, techies and programmers.
Foloosi
create values and hence lots of home and social media based businesses need
products listing platform with easy integration.
We
believe that chatbots will be the next battleground where conversational
solutions allow customers to interact with sophisticated responses through
popular messaging channels, such as a social media messenger or an IM app, as a
new way of communicating with e-commerce platforms and online marketplaces.
We
conclude that Foloosi’s main target is to provide payment solution for all
financial sectors including small, medium and large Enterprises of kingdom of
Saudi Arabia.
