Foloosi (https://www.foloosi.com ) is a UAE Fintech startup facilitating consumer-to-business card payments by enabling the business to display QR code, Payment Link and API integrations for the customer to scan & pay conveniently.
Foloosi was founded in 2018 and launched its product in the year 2019 that enables simple and easy ways to accept, process, and disburse payment solutions for businesses. It helps businesses by providing payment gateway, payment link, subscriptions and POS software. Foloosi’s payment solutions can be integrated by both web and mobile applications.
We are very happy to announce that we have achieved 3million+ transactions in Quater4, a milestone that reflects the considerable growth of Foloosi in UAE. This is not possible without our Foloosi community and followers. We as a team believe that the mighty God is helping us to flourish the company more and more.
It is a significant percentage, and an increasing number of users are adding more than one card to their mobile phone to make payments. In addition, the number of people using their mobile for payments currently stands a high percentage in UAE.
At present, Foloosi has launched a cloud- based point- of- sale system with payment processor with an aim to make the payment processing easier and faster and it will be live soon.