Foloosi

According to UAE Central Bank figures, about 75 per cent of transactions of the whole economy are processed in cash. In fact, the UAE has about Dh65.4 billion in cash circulating outside the banking system. In support of the digital economy, figures show more than 80\% smartphone penetration in the UAE and nearly 100\% of households have internet access. Foloosi will also be looking to target students and the youth; boarding on some fascinating features and in partnership with educational institutions also provide tips and feeds on financial intelligence, access to promotions and discounts as well as parental control for the younger ones. The UAE (along with Saudi Arabia and Egypt) are some of the most cash-based societies in the world. According to compareit4me.com, a comparison site; 85\% of UAE residents prefer cash-on-delivery over credit card payments when purchasing online. Henceforth, we've developed an award charming technology in providing APIs and customer relationship management panel to e-commerce and on-demand delivery businesses giving them a safe and secure environment to accepting payments. In conjunction with the fintech industry; people are vigorously using technology in attending events and festivals. Smartphone technology always gives organisers the next level of eloquence and advancement. Consumers are becoming more reliant on smart devices, hence, in this impeccable space we have provided a modern way to orchestrate and handle event attendees.