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SFD acquaints visitors with its new digital systems

October 20, 2023 / 12:10 AM
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Sharjah24: The pavilion of the Sharjah Finance Department (SFD) in Sharjah, participating in the activities of the 43rd session of the “GITEX”, has received a remarkable number of visitors and those interested in the system of specialized digital and smart financial services provided by the department.
Through this most prestigious international event in the technical and technological area, the department's participating pavilion provides an efficient and comprehensive platform to inform the public about its efforts in the field of using sophisticated technology. Its events, which will take place at the Dubai World Trade Center tomorrow, Friday, October 20, will include 180,000 executives from 180 nations and over 6,000 exhibitors.



The "Guarantor" payment authorization service, also known as pre-authorization for payment or suspension of authorization, is displayed on the department's platform during the exhibition. This service falls under the "Tahseel" system and is used to verify the account's validity and the presence of sufficient balance to cover the pending transaction without actually deducting money from the customer's account.
 
October 20, 2023 / 12:10 AM

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