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Job description / Role
Compliance and Regulation: The payments landscape in MENA has witnessed continuously evolving regulatory regimes and the policy framework to drive cash digitization, commoditize payments through infrastructure changes and reducing online frauds. Regulations across the region are also at various stages of development as authorities balance the need to protect customers while allowing innovation to thrive and ultimately benefit customers by offering them at lower fees and access to financial facilities.
In ‘21 alone, we received 12 new mandates from various regulatory authority and card schemes/network and we foresee this trend to continue across MENA and we know of at least the following upcoming mandates: i) Risk based authentication 3DS 2.0, Card on File for subscription payments, change in bank identification standards, MasterCard Automatic billing updater mandate. We need to have dedicated focus to implement some of these critical mandates else, we would have business impact through either payment decline or penalties.Compliance and Regulation: The payments landscape in MENA has witnessed continuously evolving regulatory regimes and the policy framework to drive cash digitization, commoditize payments through infrastructure changes and reducing online frauds. Regulations across the region are also at various stages of development as authorities balance the need to protect customers while allowing innovation to thrive and ultimately benefit customers by offering them at lower fees and access to financial facilities. In ‘21 alone, we received 12 new mandates from various regulatory authority and card schemes/network and we foresee this trend to continue across MENA and we know of at least the following upcoming mandates: i) Risk based authentication 3DS 2.0, Card on File for subscription payments, change in bank identification standards, MasterCard Automatic billing updater mandate. We need to have dedicated focus to implement some of these critical mandates else, we would have business impact through either payment decline or penalties.
Requirements
BASIC QUALIFICATIONS
• 1+ years of experience designing and implementing Backend RESTful web services
• Experience building and operating mission critical, highly scalable distributed systems
PREFERRED QUALIFICATIONS
• Graduate in Computer Science or related field
• 1+ years of experience designing and implementing RESTful web services
• Experience building and operating mission critical, highly scalable distributed systems
• Demonstrated capability to provide depth and breadth technical leadership to agile teams
About the Company
Amazon.ae, formerly Souq.com, is an English-Arabic language e-commerce platform, owned by Amazon, Inc. It is the largest e-commerce platform in the Arab world. On March 28, 2017, Amazon.com Inc. confirmed it would be acquiring Souq.com for $580 million. On May 1, 2019, Souq.com became known as Amazon.ae.