Free press releases distribution network?

Agency / Source: ProgressSoft Corporation

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Qatar Central Bank Awards the National ACH Project to ProgressSoft - Qatar Central Bank (QCB) awarded today the National Automated Clearing House (ACH) Project in the State of Qatar to ProgressSoft Corporation, the leading provider of real-time payments and imaging solutions
Qatar Central Bank Awards the National ACH Project to ProgressSoft

 

PRZOOM - /newswire/ - Amman, Jordan, 2009/10/20 - Qatar Central Bank (QCB) awarded today the National Automated Clearing House (ACH) Project in the State of Qatar to ProgressSoft Corporation, the leading provider of real-time payments and imaging solutions.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Merchant Equip./Service/ATM Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Following the acclaimed history of their globally-renowned success in introducing and running the world-first Electronic Image-based Check Clearing Solution, QCB and ProgressSoft are now joining their efforts again to engage in yet another success story to further elevate the technological advancement of the Qatari banking body. Upon winning the tender that was issued by QCB and being awarded this massive project, ProgressSoft is currently preparing to implement its Automated Clearing House PS-ACH; the state-of-the-art solution which facilitates the transformation of consumer payments to electronic credits/debits.

“It is indeed an honor to win the National Automated Clearing House ACH Project in the State of Qatar. This award is in recognition of our outstanding contributions to the practice of National Payment Systems and our demonstration of success, excellence and leadership in the payment arena,” expressed Mr Michael Wakileh, CEO, ProgressSoft Corp.

ProgressSoft developed PS-ACH upon considering the recent advancements in the global payment arena and implementing internationally accepted message formats (ISO 20022). The solution actualizes an end-to-end clearing cycle through which remittances and presentment messages can be exchanged between QCB and the banks in real-time. Accordingly, the solution results in accelerating transaction processing, reducing processing costs and banking fees and improving funds availability.
“The project scope was defined to connect QCB with all banks in the country in order to deploy Direct Debit and Direct Credit payment transactions, which provides a simple, secure and reliable means for banks to make payments via electronic transfer,” explained Mr Bashar Ashal, PS-ACH Project Manager, ProgressSoft Corp. Direct Credit is primarily used for processing payment of wages and salaries, but can also be utilized for a wide variety of other applications such as supplier payments, pensions, employee expenses, dividends and refunds. The most prominent examples of Direct Debit are for payments of utility bills, insurance premiums, installment loan payments, as well as governmental payments such as taxes.

For more info, please visit progressoft.com/.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Merchant Equip./Service/ATM Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ProgressSoft Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Merchant Equip./Service/ATM articles,
CATCH Visitors via Your Competitors Announcements!


Qatar Central Bank Awards the National ACH Project to ProgressSoft

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Yazan A. Goldstein - ProgressSoft.com 
+962 6 56 23 000 x21 yazan.goldstein[.]progressoft.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ProgressSoft Corporation securities in any jurisdiction including any other companies listed or named in this release.

Merchant Equip./Service/ATM via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From ProgressSoft Corporation / Company Profile


Read Merchant Equip./Service/ATM Most Recent Related Press Releases:

Cumberland Building Society Launches Online Appointments with NCR and Q-Flow
German Savings Bank Jena Entrusts NCR with the Complete Operating Lead of its ATM Network
ADIB Moves to NCR’s Voice-Guided ATMs to Improve Accessibility for the Visually Impaired
State Bank of India Chooses NCR to Execute Country’s Single Largest ATM Order
Mobile Payment to Spearhead Asia-Pacific’s Transformation to Cashless Society Finds Frost & Sullivan
German ING-DiBa Modernizes its ATM Network with NCR Software and Services
QIIB Signs Managed Services Contract with NCR for Multiple Years
Moneris Delivers New Tools and Resources for Developers
Azoth Analytics Publishes 2016-2021 Global ATM Market Report
Morpho Teams Up with Visa Europe to Promote Innovation in Payment

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today