ArabianBusiness.com - Middle East Business News
Saturday, 04 July 2009 22:45 UAE time

YOUR DIRECTORY /

| Share |

Etisalat debuts new packages for e-tailers

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 21 September 2008
Etisalat Payment Gateway processed 1.5 million transactions in 2007 (Getty Images)

Etisalat has introduced three ePayment packages for e-tailers in the Middle East.

The new packages offer nearly 50% lower transaction charges while a set number of free transactions will also be offered every month in a move to push the service to companies.

Etisalat is also expanding its ePayment services outside the UAE to target e-tailers in Saudi Arabia and Qatar.

Story continues below
advertisement

Companies can choose from BizDirect, an online direct debit payment service, or the Basic Payment package - a combination of the Etisalat Payment Gateway (EPG) for credit card payments and BizDirect.

The third package on offer, Payment Plus Package, includes both BizDirect and EPG along with a web reconciliation/ reporting service and a web security scan.

'Our new ePayment packages will give a significant boost to eCommerce by lowering the barrier of entry for eCommerce merchants and giving them a secure and efficient ePayment capability at extremely affordable costs,' said Abdulla Hashim, VP of Enterprise Solutions at Etisalat.

The BizDirect service is being offered in the UAE through four banks -Commercial Bank of Dubai, Emirates NBD, Abu Dhabi Commercial bank and Union National Bank.

“The Etisalat payment network is now connected to 6 Acquiring banks and 4 banks on the Bizdirect platform - and the intention is to expand this network to cover all the banks in the UAE, thus creating a seamless payment network for all merchants,” Hashim added.

The Etisalat Payment Gateway processed 1.5 million transactions last year.


For news updates sign up for our newsletter
| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

more » MIDDLE EAST MARKETS DATA

ETISALAT.ADX

Last Price:

10.15

+0.05+0.50%

2 Jul 2009 10:00 GMT
(Market Closed)

RELATED LINKS

  1. Emirates Telecommunications Corporation (Etisalat)»

 EMAIL ALERTS

  1. Emirates Telecommunications Corporation (Etisalat)

  2. Technology


CURRENCY CONVERTOR


READER COMMENTS

Read all user comments >

BUSINESS FEATURES

Ringing in the changes

A long-awaited gold rush in commercial internet services could prove to be the telecoms industry's saviour.

Expansion slowdown

Vodafone's CEO says that the operator will concentrate on existing assets before making further moves into emerging markets.

BUSINESS INTERVIEWS

Calling the shots

Mobily CEO Khalid Al Kaf tells Arabian Business why moving first and moving fast is the key to the firm’s success.

MORE FROM ARABIANBUSINESS.COM