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Juma al-Majid adopts new payment solution

Dubai, September 8, 2008

The Juma al-Majid Group has adopted a a comprehensive, integrated payment infrastructure installation by Postilion, a leading provider of software solutions for self-service banking and Network International, a top payment processing firm for debit and credit cards.

Network International has provided Juma al-Majid with integrated POS payments, using the Postilion for Retailers solution. All transactions are switched and processed by the Postilion platform.

The Juma al-Majid Group runs a number of retail franchises in the Middle East for companies in the technology, fashion, and fast-moving consumer goods industries.

“We are now fully able to support EMV-based smart cards, which places us at the forefront of retail technology and card security in the region,” said Imad Yassin, chief financial officer, Juma al-Majid.

“Using Postilion solutions, we can reduce the amount of hardware required at the payment desk and provide a secure payment system that meets the latest card scheme regulations,” said Ram Chari, general manager, Network International.

“This is a sizable customer win for both Network International and Postilion, and shows how the needs of the retail market are expanding rapidly in the Middle East region,” said Steve Kirrage, senior vice president and general manager for Postilion Middle East.-TradeArabia News Service




Tags: Network International | Postilion | Juma al-Majid Group |

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