18 December 2017
visit http://response.ncr.com

Logica and Oasis Technology team up to deliver Saudi payments network

18 November 2002  |  3516 views  |  0 Logica and Oasis Technology team up to deliver Saudi payments network

Logica is joining forces with Oasis Technology to supply, implement and support an electronic payments network solution for the Saudi Arabian Monetary Agency (Sama).

Logica will provide consultancy services in electronic bill payment and presentment (EBPP), smart cards, e-commerce and m-commerce.

The network will support the widespread implementation of electronic banking services across the country to create a secure infrastructure for the anticipated growth in card transactions.

A spokesman for Sama comments: "Part of Sama's strategy in deploying a new payments network is to support new types of transactions via mobile phones and the Internet in a secure and high-performance environment."

Logica says the network will handle up to 1000 banking transactions per second, supporting ATMs and point-of-sale terminals. The company says it will be the most advanced payments control system in the Middle East region.

The network will be implemented over four phases within the next 12-18 months.
KeywordsE-COMMERCE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

ING opts for Logica payments transparency solution

ING opts for Logica payments transparency solution

13 November 2002  |  3082 views  |  0 comments
Allfirst Bank deploys Logica's Bess and HotScan

Allfirst Bank deploys Logica's Bess and HotScan

11 October 2002  |  4355 views  |  0 comments
Logica and CMG in merger talks

Logica and CMG in merger talks

08 October 2002  |  3460 views  |  0 comments
Sepro teams with Logica to deliver e-billing system to Credit Suisse

Sepro teams with Logica to deliver e-billing system to Credit Suisse

02 October 2002  |  3003 views  |  0 comments
ING signs for Logica telco billing system

ING signs for Logica telco billing system

01 October 2002  |  6914 views  |  0 comments

Related company news

 

Related company information

CGI Group UK

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.ebaday.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11156 views comments | 3 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
9773 views comments | 20 tweets | 21 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7698 views comments | 19 tweets | 22 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
7290 views comments | 6 tweets | 26 linkedin
Digital banking startup Loot secures £2.2 million seed roundDigital banking startup Loot secures £...
7224 views comments | 5 tweets | 11 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job