Omantel to receive Tejari’s transaction

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By  Published  September 1, 2006

Omantel has signed an agreement with e-commerce company Tejari Oman to provide its electronic payment solution called “Tejari Transact”.

The technology is a set of commercial solutions over the internet, which Omantel hopes will increase its flexibility as well as reduce purchasing costs.

According to Omantel executive president Mohammed Al-Wohaibi, the Oman incumbent and fixed-line monopoly holder hopes to drive e-business with the new deployment.

“It is a well-known fact that the telecommunications industry is witnessing huge transformation and changes in addition to the fact that it is tremendously dynamic,” said Al-Wohaibi.

He added that solutions from Tejari would help streamline purchase processes, save time and rationalise costs.

The agreement is part of Omantel’s effort to give a big push to commercial transactions among the Sultanate’s enterprises and institutions to go electronic, speeding up the conclusion of transactions and procedures.

Al-Wohaibi described the drive to increase broadband penetration across Oman, which started with an initiative last year that saw an almost 300% rise in subscribers to 10,000 DSL lines.

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