HYKE’s App-Based Digital Distribution Platform Integrates Digital Payments, Making It Easier And More Convenient For Users

Dubai, United Arab Emirates, 30th October 2022 – HYKE, the app-based digital distribution platform that uses AI to power its operations, has announced a new payment integrating into its platform. With this integration, retailers in the UAE will be able to utilize the app to settle payments quickly and easily with no additional costs. This is great news for businesses that conduct a high volume of transactions or those with transaction values on the higher end. This will allow retailers to pay HYKE directly using their Business Bank Accounts without the need for manual intervention or delays.

HYKE’s brand-new one-time integration and user-friendly in-app solution is designed to make life easier for retailers who are already using HYKE to manage their payments. This feature is powered by HYKE’s cutting-edge platform technology, which not only makes payment reconciliation fast, easy, and secure for the retailers, but also reduces the friction in the traditional payment collection logistics.

“We’re working hard to make sure our app is the best it can be for Retailers, and part of that process includes making digital payments more efficient. By integrating AI into our platform, we will provide a much smoother experience for everyone involved. With this feature, retailers can log in to their business bank account and pay for any outstanding balance directly from the HYKE app. The payment will show up on the Credits & Payments dashboard within a few minutes.” said Sajjad Zaidi, Product Manager at HYKE.

Our service is fully compliant with PCI Compliance and regulated by the Central Bank of the UAE. This means that only retailers can make transfers, ensuring that all payments are safe and secure. With our latest update, HYKE is making it even easier for retailers to manage their inventory and get products to market quickly and efficiently.

With more and more businesses in the UAE starting to accept digital payments, HYKE’s integration of this payment method will make it even easier for retailers to do business on the platform and provide a better experience for their customers. Retailers will find it much easier to manage their finances with the integration of digital payments into the HYKE app. They can process payments and keep track of credits automatically, without any manual intervention. In addition, Retaileers can make ad hoc payments at any time and from anywhere – making the whole system more convenient.

This recent development is quite essential for HYKE as the company strives to provide its retail partners with even better experiences and equip them with all the right tools required to prosper in today’s digital age. HYKE’s new feature improves retailer productivity on the platform and gives them another incentive to partner with HYKE for digital distribution.