To meet increasing regional demand for mobile payment solutions, Luup has opened a regional office in Dubai.

Headed by Morten Hofstad who is in-charge of business development, the new office will support partners and customers throughout the Mena region.

Luup offers a wide range of bespoke solutions from consumer and corporate banking and payments through to cross-border remittance.  These solutions means banks’ customers, either large corporate or private individuals, can manage their accounts, send and receive money all from their mobile phone.

Luup’s solutions can also enable corporate to pay employees via mobile enabled salary accounts, a unique salary transfer method which takes only moments to complete all salary transactions and eliminates all the risks and administration associated with using cash.

“The Middle East proved to be a promising market for Luup, that is why we decided to open our latest office in UAE to extend our services,” said Thomas Bostrøm Jørgensen, chief executive of Luup.-TradeArabia News Service