21 July 2018
Visit www.avoka.com

Emirates NBD opens online shopping mall

26 May 2017  |  7763 views  |  0 add to basket

If e-commerce conglomerates like Alibaba can move into banking, what's to stop banks moving into e-commerce? That's the thinking behind SkyShopper, a new online mall launched by Emirates NBD which aims to tap into the UAE's booming internet shopping market.

The e-commerce platform will enable Emirates NBD credit and debit card customers to shop and pay for purchases from leading retailers from a single portal using one consolidated checkout.

SkyShopper’s current partners include travel booking sites Cleartrip and Musafir, grocery delivery services Trolley.ae, event booking site Platinumlist, fashion and lifestyle portal Namshi and electronics stores such as Axiom, Jumbo and Sharaf DG.

In addition, customers will also be able to shop at international online stores with delivery to the UAE routed through a US shipping address (MyUS.com) and at My Smart Price (MSP) to destinations in India. New partnerships in the pipeline include Booking.com, The Luxury Closet, 6thSTREET.COM and Headout.

Suvo Sarkar, senior executive vice president and group head - retail banking and wealth management, Emirates NBD, says: “The launch of SkyShopper is to enrich the shopping experience and provide added value to Emirates NBD customers who are increasingly making online purchases.”

The UAE's e-commerce market is currently valued at Dh20 billion and forecast to double by 2020.

“Despite its rapid growth, the UAE’s e-commerce sector continues to be based largely on cash on delivery," says Sarkar. "SkyShopper is uniquely positioned to change that by providing customers the security and convenience of purchasing everything from airline tickets to mobile phones and luxury items to groceries via Emirates NBD’s trusted payment platform, in addition to exclusive deals and promotions."
KeywordsE-COMMERCE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Emirates NBD integrates blockchain tech into cheques

Emirates NBD integrates blockchain tech into cheques

01 May 2017  |  14181 views  |  1 comments | 20 tweets | 11 linkedin
Emirates NBD to roll-out biometrically-enabled 'Cockpit' dashboard to all branches

Emirates NBD to roll-out biometrically-enabled 'Cockpit' dashboard to all branches

06 February 2017  |  6227 views  |  1 comments | 4 tweets | 11 linkedin
Emirates NBD launches bank for the millennial generation

Emirates NBD launches bank for the millennial generation

02 February 2017  |  9991 views  |  4 comments | 14 tweets | 14 linkedin
Emirates NBD tests virtual assistant EVA

Emirates NBD tests virtual assistant EVA

21 November 2016  |  6565 views  |  0 comments | 2 tweets | 3 linkedin
Emirates NBD and Icici demo blockchain application for trade finance

Emirates NBD and Icici demo blockchain application for trade finance

12 October 2016  |  8718 views  |  1 comments | 6 tweets | 15 linkedin
Emirates NBD launches future banking lab

Emirates NBD launches future banking lab

06 September 2016  |  7490 views  |  0 comments | 7 tweets | 5 linkedin
Emirates NBD launches NFC m-payments service

Emirates NBD launches NFC m-payments service

17 August 2016  |  5793 views  |  0 comments | 3 tweets | 5 linkedin
Emirates NBD preps digital bank for millennials

Emirates NBD preps digital bank for millennials

06 June 2016  |  7781 views  |  0 comments | 16 tweets | 9 linkedin
Emirates NBD launches global challenge for fintech startups

Emirates NBD launches global challenge for fintech startups

25 February 2016  |  11418 views  |  0 comments | 11 tweets | 9 linkedin
Emirates NBD lets customers shake their mobile to save

Emirates NBD lets customers shake their mobile to save

08 January 2014  |  7755 views  |  1 comments | 11 tweets | 9 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit info.nice.comVisit https://secure.vasco.com

Who is commenting?

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
13076 views comments | 6 tweets | 7 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
10681 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9854 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
6965 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
6807 views comments | 2 tweets | 7 linkedin

Featured job

to GBP £90K base, double OTE (estimate)
London, UK or Europe

Find your next job