Nets and Gemalto have launched their ePurse payment system for Oman

July 24, 2009 - 9:43am | News | Payment systems |
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Nets and Gemalto have launched their ePurse payment system for Oman
A Singaporean electronics payments provider Nets announced the launch of ePurse solution it jointly developed with digital security leader Gemalto for the Omani government. ePurse solution will allow both citizens and residents to store and load money in their National Identity and Resident Cards issued by the Royal Oman Police and use them as a mode of payment besides credit and debit cards. This enables government departments to provide citizens and residents, who do not carry a debit or credit card, with an electronic payment option.

ePuse becomes mandatory for citizens and residents to use the cards to pay for transactions such as fees with the Royal Oman Police since its inception. The solution will be rolled out progressively into 2010 with all banks in Oman participating in the ePurse initiative.

Chairman of Astute and CEO of NETS, Poh Mui Hoon said: "The Omani government and Gemalto were looking for a partner who was able to offer payment expertise that is trusted, secure and reliable. I'm glad NETS had the chance to partner them. This launch is the fruition of the hard work all parties had put into the project, and NETS is very pleased to have reached this milestone with our Middle Eastern partners. We will be working together to explore other services which we can enhance or develop for the Omani government."





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