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SLMsoft.com wins software deal with National Bank of Oman

Published on August 28th, 2001; Published on January 24th, 2011

SLMsoft.com Inc., a Toronto-based e-financial firm, announced on Tuesday a US$400,000 software contract to provide the National Bank of Oman with network upgrades and software to enable VISA debit card services.

Topics :: SLMsoft.com , National Bank of Oman , Middle East , United Arab Emirates , Egypt

"The National Bank of Oman is an important customer to SLMsoft.com and has also provided us with a strong foothold from which to pursue other business opportunities in the Middle East," Govin Misir, chairman and CEO of SLMsoft.com, said in a statement. "We are very pleased to have maintained their confidence and earned this additional business to help solidify SLMsoft.com as a core IT partner with the bank."

SLMsoft.com started working with the bank in 1992 when the companies tried to build an electronic transaction network throughout Oman, United Arab Emirates and Egypt.

The contract states that SLMsoft.com will provide upgrades to the electronic transactions network from the original customer to the bank's transaction processing centres.

SLMsoft.com will also supply software to allow the bank's network to take VISA Electron Debit Cards.

SLMsoft.com develops electronic payment systems and transaction processing solutions for the financial services industry.

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