The end of 2001 will mark the conclusion to a very successful year for Comtrust, the e-business infrastructure unit of Etisalat in the United Arab Emirates (UAE), a company press release stated. One of Comtrust's strongest growth areas continues to be online payment services, where between January and November this year there was an eight-fold increase in transactions made through Comtrust services.
As Comtrust's customer base has grown over the last year, so has its product range. Last year, in the area of services, only server certificates were available. By the summer, business and user certificates had been added. According to Contrusts head of business and technology, Tariq Habib, new developments are also planned in this field with an increased focus on digital certificates based solutions.
The new product facilitates easy and rapid implementation of payment service through an indigenously developed application, making quick and easy the integration between the customer's online applications and Comtrust's payment services.
This year, the Central Bank of the United Arab Emirate (UAE)'s adopted a Switch Network Linking to Comtrust e-commerce systems. Through this link, Comtrust will facilitate payments for purchase of goods and services through direct debit request to be securely captured and transmitted over the Internet.
Comtrust, the e-commerce business unit of Etisalat was launched in 2000 to fill the gap in the market for a secure e-commerce infrastructure provider. The company provides e-commerce infrastructure services and e-commerce applications services both in the areas of Business-to-Business and the Business-to-Consumer segments, in the UAE and in the Middle East region. The suite of e-commerce infrastructure services include online electronic payments, digital certificates based security solutions, hosting services and e-retailing solutions. — (menareport.com)
© 2001 Mena Report (www.menareport.com)
