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TMCNet:  Ingenico and OMA Emirates implement POS project for Bank Muscat

[January 29, 2013]

Ingenico and OMA Emirates implement POS project for Bank Muscat

Jan 29, 2013 (Datamonitor via COMTEX) -- Ingenico SA, a provider of payment solutions, has announced that Ingenico Turkey, together with its partner in Oman - OMA Emirates, has implemented a POS project for Bank Muscat.

Within this project, the POS network of Bank Muscat has been equipped with iCT Series, Ingenico's new generation of desktop terminals, Ingenico said.

These new generation POS terminals and solutions are built on an open ended solution that allows the Bank with flexibility to add, upgrade or change or cross pollinate to newer systems, Ingenico added.

The POS terminal is capable of reading all types of cards including magstripe and smart cards. With the advent of newer card technologies, the devices supplied by OMA Emirates will empower Bank Muscat to be ready for reading various card types. Capable of a multi-application environment, it facilitates devices to run different applications such as loyalty, mobile prepaid, installment/loan option, dynamic currency conversation, and more on one device, said Ingenico.



"With the implementation of the new POS solutions for Bank Muscat, OMA Emirates has made a significant move into our expansion plans within the Middle East markets. We are extremely pleased to enter this market with solutions for the largest acquiring bank in the country. Our unique software solutions coupled with world-class hardware by Ingenico make it possible for us to provide a seamless customer experience for a diverse range of solutions for business verticals that include banks and financial institutions, retail industry, loyalty program providers, road and transportation service companies as well as the telecom sector," said, Niranj Sangal, Group CEO, OMA Emirates - Solution Gulf.

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