Dubai Multi Commodities Centre (DMCC), a Dubai government initiative, has signed up for online payment services of Dubai Trade, an innovative online service provider of Dubai World.

The trade portal’s Rosoom, a centralised e-payment gateway on dubaitrade.ae, enables registered members of the commodities business leader to make use of the various transaction options available on the widely accessed platform.

The facility offers a wide range of electronic payment services for customers to make online transactions with leading commercial establishments such as DP World, Economic Zones World.

In addition to these, DMCC’s registered members can now access Rosoom to top up their e-deposit. This feature will help them pay online for important services such as visit visa, employment visa, official letters and health cards.

“We are pleased to have DMCC on the Rosoom,” said Mahmood Al Bastaki, director, Dubai Trade.

“This opens a very useful service to the large number of DMCC members who are major players in Dubai’s commodities business. Rosoom is one of Dubai Trade’s highly successful and most popular initiatives bringing customers closer to leading entities such as the port and the free zone.”

Dr David Rutledge, chief executive officer, DMCC, said: “The integration with Rosoom marks a significant step towards DMCC continuous efforts in providing fast and efficient services to our customers.

“Today, Dubai Trade hosts over 50 DMCC counter services, providing members with a robust platform to easily perform and pay for services online.”
Rosoom is currently one of the most effective and popular online payment systems accessed by Dubai’s trading community, said a statement.

This multiple transaction platform enables real-time transfer of funds from the customers’ bank account to the entity’s account for settling bills. This secure single-window electronic facility has been hailed by the business sector as an excellent cost-cum-time saver.

Launched in March 2008, Rosoom facilitated 162,000 transactions in one year, totaling an amount of Dh135 million ($36.75 million). – TradeArabia News Service