Happy New Year!

Dear partners!

2022 can truly be called a landmark year for all of us. We have worked hard, strengthened our already strong position in the UAE and, most importantly, officially entered the promising and most significant market in the Middle East, the KSA.

Huge work has been done, and titanic efforts have been made to make our mutual business NT.Payments are even more successful, profitable, enjoyable and satisfying.

Here comes the new year 2023!

We wish you good health, family prosperity and boundless confidence in the future!

The long-expected reunion of NT.Payments family

Dear friends! 

We are proud of the international structure of big NT.Payments family and always indicate the professional skills, personal qualities and creativity of our employees. We are glad to introduce you to the NT Payments team which has become home to people from more than 20 countries and three continents. All of us are different, but we are united by love for the common goal, the desire to make NT.Payments brand and other projects are better and of high quality.

The events that our planet experienced during the last few years are still fresh in our minds. The one that stands out is the coronavirus pandemic which first plunged the human race into a series of social restrictions and lockdowns and later reminded us of the need to take care of our health, be more caring towards our loved ones and appreciate the efforts of doctors who save patients from serious illnesses.

Nevertheless, time goes by and now that all restrictions have been lifted, we have a great reason to get together again, have a good time, recharge with positivity, great spirits and simply get closer to colleagues over informal socializing.

Usually, we associate team-building and corporate events with a particular occasion. This time we had many reasons for a picnic: we decided to sum up the results of the year, celebrate the long-awaited post-pandemic reunion and have fun together with the whole team in the open air.

The venue for the picnic was chosen right away. The green island of Yas, which had become our home over the years, always warmly welcomed all holidaymakers. The weather is excellent in the Emirates right now, the perfect time to keep up the corporate spirit in the company of friends and colleagues, which, by the way, gathered up to 200 people.

For the barbecue program, the Human Resources department chose the theme of football, given the World Cup being held in the Kingdom of Qatar. We built our picnic plan around the game of millions and held our nomination with lots of contests, quizzes, prizes and gifts, proudly naming it NT.FIFA.

Therefore, the program opened with a solemn speech from our company executives. In conversation with their colleagues, they summed up the results of the passing year, highlighting the opening of the long-expected branch in KSA and willingly shared their plans for the next 12 months.

Next, we chose the best employee and manager of the year, presenting them with personal certificates and mementoes.

Vasyl Katriy, president of Kiosk IT System Trading LLC company, established a personal President Award nomination, where he has handed certificates of merit to particularly hardworking employees.

When continental and world tournaments are over, the organizers sum up the results, where they determine the best football player, goalscorer, playmaker and manager. Given that football was the main theme of the corporate event, we decided to make our own corporate NT.FIFA AWARDS 2022 nomination, awarding titles to each department and presenting certificates of merit to their employees.

The company has some long-serving employees who have worked for the company for seven years or more. We have kept this in mind and have prepared a special incentive for them: a reward for their years of service with us. The rest of the team, we hope, will follow this example!

As the fans in the stadiums continue to rumble about cheering on their favourites and creating an unforgettable atmosphere of celebration, the culture of cheer is not without the chants, the essential attribute of football fans. All departments were given a homework assignment to prepare a corporate slogan about the company, which they shouted aloud in front of the entire audience. It was the customer care department that won the prize for the best and most memorable motto.

The next thing we did was to play a series of games on speed, agility and football skills. First, we competed in a tug of war, then played a fun relay race and afterwards, we got down to the most important part, football. To do this the whole team drew lots and split into 20 teams with 10 participants in each. A knock-out system was used and at the end of the tournament, two teams were left to face each other in the final game. We decided to make it a bit more difficult for the two best teams to play in specially prepared funny costumes to find out who was the strongest.

Staff members, flushed from the heated battles, enjoyed sampling a variety of local dishes and delicious food which the festive table was overflowing with in the meantime discussing the recent football dramatic events.

Last but not least, the organizers of the event delighted the audience with a lottery with prizes from cash envelopes to mobile phones. Every gift is nice, so we captured the happy faces of the winners.

Where would you go without a tasty cake? No corporate event in our company is without it. This time there were so many of us that we gladly ordered two huge delicious cakes, which were solemnly cut while accompanied by a great round of applause.

Our football-themed corporate party was a success, as you can see. We had great fun, having a great time with our colleagues, who we always call one family. So we hope for another meeting soon with all the friendly staff and believe that many more great victories are ahead of us.

Abu Dhabi High-Tech Week

Our company and Taumen International Holding team representatives attend every interesting and large-scale event dedicated to the world of high technology, digital currencies and financial transactions. You know that we try not to miss any significant forums and exhibitions that highlight the current trends in business without borders.

The international conference ADGM Finance Week was held in the UAE capital Abu Dhabi on November 14-18 and was presented in a building with a similar name on Al-Maria Island. The leaders of blockchain, fintech, cybersecurity, meta-vendors, the payment market and other popular business areas, honoured such a grand event. The five-day program of the forum featured some international speakers, among whom we would like to mention especially Changpen Zhao, the founder of Binance the largest cryptocurrency exchange which is better known in the crypto community as CZ, Todd Leland, president of Goldman Sachs, an American bank, Patrice Evra, a famous former football star and other vital participants of this international platform.

Senior executives from our holding company were actively involved in the activities of the exhibition by establishing business relations with future partners, thus presenting the company products to the public and all interested parties. With the recent kick-off of the new office in KSA in mind, being involved in such an important core event will be another added benefit to the rich reputation of our team and will raise the stakes of NT.Payments brand in the eyes of potential investors.

Company representatives at the Seamless exhibition in KSA

Taking part in industry events is an important part of every company`s activities. It is a great opportunity to network with other professionals, get inspired by inspiring speakers, establish business contacts and learn from them.

We are about to open our first branch in the largest country in the Arab region, as you have heard in the recent newsletter. Taumen company`s top executives are in the KSA these days, where our first branch will get launched shortly. Apart from their scheduled meetings with the Kingdom`s officials and potential business partners, Taumen representatives have also attended marketing events, such as Seamless, a Middle East technology exhibition that takes place every year, this time in Riyadh, where giants of electronic payments, innovative solutions and online retailing meet to share some latest industry developments.

As a result of our successful talks with potential industry peers, the management team also negotiated several lucrative contracts with various service providers and carriers. Our success in the UAE is well known to them and they welcomed the news that NT.Payments will be opening a branch in Saudi Arabia shortly. In the early days of our KSA branch, we believe the new contacts will give us confidence and enable us to work together for the benefit of everyone so we look forward to a long and productive partnership with them.

November 3 is the UAE Flag Day!

Did you know that every year on 3 November the UAE celebrates Flag Day? It is not a national holiday but holds a special place within the local community and symbolizes devotion and love for the homeland and its ideals as well as love for the country`s national symbol.

Sheikh Mohammad Bin Rashid Al Maktoum, the ruler of Dubai and part-time Prime Minister of the UAE, conceived the Flag Day celebrations. The holiday was launched in 2013, nine years after Sheikh Khalifa bin Zeid Al Nahyan, son of the UAE`s first President Zeid bin Sultan Al Nahyan and took office as the country`s ruler.

It is widely celebrated by public and private institutions, educational institutions, companies and the public who display the Emirates national symbols around their homes, public places and workplaces. The Flag-raising Ceremony is performed during which the national anthem is played.

Taunigma FZE company sincerely congratulates all UAE residents on this wonderful holiday that we celebrate together with other red days of the calendar. Our company honors and appreciates every important moment from the history of this wonderful country, where we have been successfully working in the payment business for the past ten years.

10th anniversary of Taunigma!

Greetings, dear friends!

On October 29 our much-loved Taunigma FZE company celebrated its 10th anniversary. Our old-timers as well as those who used to be our first staff are aware of the difficulties we had to face at the beginning in a faraway and unknown (but native now) country; they remember how we took our first steps and how the team of young professionals grew and developed to be called an international brand with the proud name Taunigma just a decade later.

We still strive for more victories one after the other and we have set a goal to take the experience we gained to new areas to retrace the road that gave the start for the glorious history of Taunigma. We truly believe that these first 10 years are the beginning of a long journey full of new projects, challenges, connections and success.

Our thanks to every employee involved and to all our valued partners and agents for their faith and patience which are essential for building a successful company that is one of the leaders in the Middle East franchise industry.

Happy anniversary, Taunigma!

Updating ISO licenses and handling company internal audits

The most telling example of a market-leading company taking a responsible approach to its collective duties is the commitment to complying with generally accepted labour standards, being able to maintain and review internal documents for compliance with international storage reliability and quality standards, as well as the ability to align key processes with the requirements of global reporting practices.

Kiosk IT Trading LLC company, as you know, has a reputation for responsible business practices, putting the interests of employees and clients, along with compliance with international requirements at the forefront of the company`s agenda. Earlier this year, employees of Kiosk IT System Trading LLC company once again managed to pass the annual certification with the International Certificate Registration System (GRS) thus renewing its ISO 9001:2015 quality assurance system certification, ISO 45001:2018 occupational health and safety management credential, and eventually renewing its ISO 14001:2015 environmental protection license, thus showing clearly the level of high trust that we have earned through hard work and strong discipline over all our years with this organization.

We also want to highlight a little more about our annual internal company audit with all the corporate control and quality assurance rules that guide our day-to-day duties. Therefore, we have appointed a special commission of experts in the chosen areas and performed a comprehensive check of the business processes of all departments of the company for compliance and implementation of ISO procedures, verified the quality of production documentation storage according to the requirements of its maintenance and conducted supervision over other key operating activities.

Following the audit, each department rectified some of the remarks and implemented the recommendations made by the commission experts. In conclusion, this was a further demonstration of our team spirit of solidarity, mutual respect and ethics amongst colleagues during the season of traditionally conducted audits.

The launch of Golden International Promotion

Kiosk IT System Trading LLC company has maintained the title as one of the most technologically advanced in the UAE market in digital payments and mobile development for almost 10 years, which differs from the rest with a variety of festive contests, promotions and other marketing events. One shall note that the customers of NT.Payments system and NT.Wallet mobile application always look forward to events that give bright emotions, lots of positive impressions and a great mood.

This hot summer is in a full swing, and it means that it is high time to organize one more outstanding event, the Golden International Promotion which has been kicked off on July 3 and will last till the end of the month. The promotion winners stand a good chance to win unforgettable prizes and presents every week, including an HP Pavilion laptop, Samsung Galaxy S21 smartphone, Ninebot scooter and the most important gift: a 10 g gold bar!

Please refer to NT.Payments Facebook and Instagram pages to find out more about the terms and conditions of Golden International Promotion. 

Hurry up to take part in this grand drawing to win one of the precious prizes and to put yourself in a good mood! 

We sincerely wish you the best of luck to everyone! May the strongest win!

About population and migration in Saudi Arabia

Ahead of the launch of NT.Payments` international business in Saudi Arabia, we decided to give a little background on the country, its population and labour migration.

Saudi Arabia (officially the Kingdom of Saudi Arabia (KSA)) is a country on the Arabian Peninsula in West Asia. It has an area of approximately 2,150,000 km², making it the fifth-largest state in Asia, the second largest in the Arab world and the largest in West Asia. The country is bordered by the Red Sea to the west, Jordan, Iraq and Kuwait to the north, the Persian Gulf, Qatar and the United Arab Emirates to the east, Oman to the southeast and Yemen to the south. Its capital and largest city is Riyadh. 

Saudi Arabia is the birthplace of Islam and home to two of the most important holy places for Muslims, Mecca and Medina. The king's official title is the Custodian of the two holy mosques. Modern Saudi Arabia was founded in 1932 by Abd-ul Aziz bin Abd-ur Rahman Al Saud after a 30-year campaign to unite most of the Arabian Peninsula. Today, the country is ruled by one of his male descendants, as required by the country`s Basic Law passed in 1992. 

As of 2022, the KSA has a population of 35.3 million people which makes it the most populous country in the Arabian Peninsula. Meanwhile, according to the UN, almost 40% of the total population is made up of guest migrants working in the country.

Migration is an important part of Saudi society and culture, as the country`s thriving oil economy attracts large numbers of foreign workers across Asia and the Arab world. Following the diversification of the economy in response to the oil boom of the 1970s, the Saudi government encouraged skilled and semi-skilled workers to enter the Kingdom as demand for infrastructure and development increased. Saudi Arabia is one of the top five destination countries for immigrants worldwide, currently hosting 5.3 million international migrants within its borders.

26.3% of all migrants in Saudi Arabia are from India, followed by Pakistan (24.2%), Bangladesh (19.5%), Egypt (19.3%) and finally the Philippines (15.3%). Most of the Kingdom`s immigrants are skilled, unskilled and foreign service workers. Although the living and working conditions for immigrant workers in Saudi Arabia are not easy, the economic opportunities are generally much greater than in their home country. 

Shortly, every resident of this beautiful Arab country will be able to instantly and quickly top up their mobile phone bills, pay their utility bills, and conduct many other transactions in one or two clicks, thus making transactions with providers of various services convenient.

Some statistics on the population and visitors of the UAE

The UAE is one of the most popular tourist destinations in the world. Apart from carefree fun on the beaches and white sands, people come here for the shopping and employment opportunities that make it possible for them to remain and live here permanently. The high standard of living, government benefits and good wages attract more and more foreigners looking for a life-changing opportunity every year.

Figures from the International Institute for Migration Policy show that about 90% of the UAE population are foreign workers who greatly contribute to the state economy. Every now and then, the authorities of the country change their visa policy in order to attract as many residents as possible, namely by simplifying entry rules or introducing exemptions for certain categories of citizens able to obtain residence permits and work legally in the country, thus bringing considerable benefits to the growth of economic indicators.

Dubai, the country's largest city and most popular with tourists, has traditionally been in the greatest demand from migrants, and the city hosts many seasonal jobs in the service, maintenance and construction sectors, which usually employ staff from neighbouring countries: India (38.1% of the 10,081,785 total), Egypt (10.2%), Bangladesh (9.5%), Pakistan (9.4%), the Philippines (6.1%) and other countries: 15.1%. Meanwhile, the number of indigenous people is 11.6%.

The capital Abu Dhabi, which also attracts a large number of migrants, and other emirates in the country: Sharjah, Ras Al Khaimah, Fujairah, Umm Al Quwain and Ajman are next on the list.

Among them are representatives of several European countries and North America: Great Britain, Germany, France, Belgium, Canada and the USA, who work in highly paid positions in the largest Emirati companies and pay taxes to the state treasury.

Any resident or tourist of the Emirates definitely needs convenient, fast and easily accessible service to pay for services, from mobile phone top-up to utility bills, that's why NT.Payments payment system having a wide network of terminals to accept payments is very popular for anyone who is and resides anywhere in this country.

New services in NT.Payments facilities

NT.Payments high-technology products never cease to surprise users with a variety of rapidly growing services in company terminals and in NT.Wallet software application and have long been loved for the ability to pay quickly and promptly for a huge number of services ranging from utility bills to entertainment services.

Just recently, NT.Payments kiosks gave another launch to several useful innovations for those who are fond of online gaming and live chatting: Yalla Ludo, Roblox and IMO.

Yalla Ludo is one of the most popular and is among the top-grossing gaming apps in the UAE. Features of the software allow you to play online or offline dominoes or ludo with friends and stay in touch during hot battles and messaging, both in group and solo chats in designated private or shared game rooms.

Roblox is an entirely new virtual universe, which lets participants play, create fantasy worlds and become anything they want to become in real-time on this entertainment platform. Roblox will undoubtedly appeal to those who love role-playing adventures, want to find close friends and feel the atmosphere of belonging to a global community of soulmates.

Finally, IMO is a fairly well-known instant messaging client for text, audio and video messaging that supports multiple devices and international data encryption security protocols while running on 2G, 3G, 4G and 5G networks. Fast file transfer and high resolution during calls are the features that make IMO stand out from their rivals on the market.

Hopefully, our customers will appreciate the hard work we do every day to enrich further company`s broad range of services while our loyal partners and agents will get new sources of another extra income.

Happy Holy Easter!

We would like to congratulate you on Holy Easter!

We wish you all and your families good health, peace, kindness, joy, prosperity, well-being, and mutual understanding!

May your home be full of warmth, happiness, excellent mood and smiles of your nearest and dearest not just today but always!

Taunigma wishes you a very happy Ramadan!

Happy International Women`s Day!

Ladies, we congratulate you on this beautiful day, the 8th of March! Congratulations! We wish you a lot of tenderness and beauty, and we wish you a constant warmth in your soul. Let every single bouquet presented to you today bring only the best impressions.

Please be happy regardless of the circumstances around you! May spring always bloom in your soul!

Happy holidays!

The eighth anniversary of Kiosk IT System Trading LLC company

According to the good tradition, every year on February 16 we celebrate the birthday of our managing company Kiosk IT System Trading LLC. This year it is going to be 8 years since we have established this company back in 2014.

Everyone familiar with the brand of NT.Payments system and NT.Wallet program is aware of the amount of effort it took us to set up the network of terminals and payment technology services in UAE that offer our grateful clients and users much-needed services in everyday use and which are essential nowadays in modern society.

Regardless of the success that our company has achieved, many completed concepts as well as plenty of numbers and records, we never stop needing support, words of support and understanding from each of you, since you, our dear partners and agents are still walking together with us on a long but very interesting adventure that we call “Joint Venture”.

There are many goals and plans ahead of us and we truly believe that we will have many victories with you, as the difficulties of the past days have taught us to be strong where others would have given up long ago.

Congratulations to every member of our friendly and professional team and every partner that has believed in the prospects of the payment business managed by us. May you celebrate this day, wishing you prosperity and new success!

Happy birthday!