National Bank of Oman (NBO) has selected FASTest solution, developed by Paragon Application Systems, to conduct pre-certification testing ahead of applying for access to the UAE switch.
In order to go for online certification with the UAE switch, banks should have a UAE switch simulator to run EMV issuer and acquirer certification.
Go deeper with GlobalData
The FASTtest will allow NBO to reduce the ePayment testing effort for EFT switches and point-of-sale (POS) devices and also to validate test transactions before going for online certification testing thereby saving time and cost.
By conducting the pre-certification testing using Paragon’s FASTest solution, the bank seeks to identify and fix errors prior to online certification testing.
NBO retail banking acting head Moosa Al Jadidi said FASTest will enable NBO to interface quickly with the UAE switch as it implements their new switch platform.
"Paragon Application Systems is one of the leading technology providers globally, and we believe that this partnership will significantly enhance our ability to gain accreditation from the UAE switch.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData"In executing this efficiently, we will continue to provide real value additions to our customers in the long-term," Jadidi added.
