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Qatar Central Bank uses 'PayONE' secure online payment solution.

Asia Africa Intelligence Wire

| May 13, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From MENA Business Reports)

Qatar Central Bank (QCB) has announced that it will implement a National Payment Gateway using the 'PayONE' secure online payment solution.

The solution, provided by BusinessONE, a division of the STS Group, is based on an electronic wallet system that will enable debit and credit card holders, as well as bank-account owners, to make online payments for e-Commerce and e-Government transactions, safely and in real-time. STS-BusinessONE is a leading regional provider of end-to-end electronic payment and transaction technology solutions to banks and financial institutions.

This was announced at a press conference held …

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