Revised PayONE Acquirer released by STS

In Middle East following the regional e-governments’ recommendations to encourage the use of bank accounts as a payment method for its e-services, BusinessONE, the e-Business Division of STS introduced 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).

The upgraded version of the solution was implemented in Jordan Kuwait Bank, Jordan National Bank, Housing Bank for Trade and Finance, Bank of Jordan, and Arab Banking Corporation.

With the revised release banks’ customers (both corporates and individuals) will be able to securely make G2B and B2B payments such as, Sales tax, Customs and the Social Security dues in addition to 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.