Sharjah:Sharjah Media City (Shams) has announced a strategic partnership with 3S Money, a platform specializing in cross-border payment solutions. This collaboration aims to equip eligible companies within the Shams community with a range of financial solutions, including multi-currency business accounts, international payment capabilities, and foreign exchange services.
According to Emirates News Agency, the partnership is part of Shams' ongoing efforts to improve the business environment for companies in both local and international markets. It particularly targets those in the media, creative industries, and digital sectors that require efficient solutions for managing cross-border financial transactions.
Through 3S Money, Shams community members will have access to services that facilitate international payments, manage multiple currencies, and support cross-border business operations. These offerings include local account details and access to international payment networks, subject to eligibility requirements.
As Rashid Sahoo, Director of Operations at Sharjah Media City, stated, the collaboration with 3S Money is designed to provide Shams members with essential multi-currency and cross-border payment solutions, aiding their international transactions and business operations. Sahoo emphasized the importance of strategic partnerships in building a comprehensive business ecosystem that enables companies to grow and access international opportunities.
Ivan Kaldelis, Global Executive Vice President at 3S Money, expressed enthusiasm about the collaboration with Shams. He highlighted the necessity for businesses operating internationally to have flexible financial solutions and noted that the partnership aims to streamline the management of global financial operations for Shams members, supporting their growth and expansion plans.
This partnership supports Shams' broader strategy of developing an integrated business ecosystem, benefiting entrepreneurs and companies not only with licensing and infrastructure services but also with specialized offerings that support their operational needs and business growth.