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Accountant
Industry: Finance
Location: UAE, UAE -
Capital Markets Group Manager
Industry: Finance
Location: Dubai, UAE
Oman launches e-payment gateway
by ArabianBusiness.com staff writer on Tuesday, 01 May 2007
Oman's Information Technology Authority (ITA) has signed agreements with MasterCard WorldWide and BankMuscat to launch a national e-Payment Gateway (ePG) in the Sultanate.
The e-payment solution will support the delivery of e-services from the public sector and will assist the private sectors moves into e-commerce. Previously, there was no way for merchants based in Oman to sell their products and services to customers across the world via the internet.
The national ePG platform will use the MasterCard Gateway Service (MiGS), a turnkey payment solution for merchants and organisations that require a secure and more efficient way to process payments from customers across all acceptance channels.
Mohammed Nasser Al Khasibi, secretary-general of the Ministry of National Economy and chairman of the ITA, said: "The e-Payment Gateway is a key enabler to the successful delivery of public sector services online and once operational will increase the adoption of e-services due to its efficiency and ease of use."
He added: "The presence of such a robust and secure e-Payment Gateway will enable e-government shared services to be paid for electronically using major local and international credit and debit cards, and, in future, other electronic payment instruments."
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