STS launches a new release of PayONE Acquirer

Published October 14th, 2008 - 12:12 GMT

STS launches a new release of PayONE Acquirer

Inline with the strategy of the regional e-governments to encourage the use of bank accounts as a payment method for its e-services, BusinessONE, the e-Business Division of STS, has recently launched a new version of its PayONE Acquirer; facilitating highly secure and real time bank-account payment transactions, direct debit payments or Electronic Fund Transfer (EFT).

This new release has been installed in Jordan Kuwait Bank, Jordan National Bank, Housing Bank for Trade and Finance, Bank of Jordan, and Arab Banking Corporation. The new release provides banks’ customers (corporates, & individuals) with a secure way to pay G2B and B2B payments such as, Sales tax, Customs and the Social Security dues, in addition to the traditional B2C and G2C payments such as bills payment and fines settlement.

“The new release of PayONE Acquirer is introduced as an alignment with STS vision in providing the market with unique and comprehensive electronic payment solutions and service.”, stated Subhi Abuzahra, the Product Management Unit Manager.

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