EastNets, a leading payment and security solution provider for the government and financial service industry and regional SWIFT business and service partner, highlighted the benefits of using SWIFT for banks as well as corporates in Qatar during a series of road-shows that visited major centres in the GCC recently.
During the road show EastNets demonstrated to corporates the advantages of using SWIFTNet solutions though the Eastnets Service Bureau by providing a single-window of access to the worldwide SWIFT Network and enabling them to organize the exchange of cash reporting information over a reliable messaging infrastructure. In addition, SWIFT provides a common technical platform to support any corporate’s multiple business communication needs.
Hazem Mulhim, Chief Executive Officer for EastNets, says, “In the fast-changing economic landscape of Qatar, banks and financial institutions have to keep pace with advanced solutions for financial transactions and secure communication. We are using these roadshows to highlight our best of breed solutions and demonstrating to our potential clients the benefits they can expect in their day to day operations.”
“By providing a single window of access to the SWIFT Network through the EastNets Service Bureau Banks and corporates can rely on SWIFT’s proven solutions to complete
their financial transactions on a highly secure platform, as well as cater to their communication needs," said Mulhim.
“Businesses today are becoming increasingly focused on outsourcing, because it enables reduced time to market, lower operational costs, increased security, extended services, lower costs and the opportunity for smaller organisations to compete with bigger players,” added Mulhim. “This frees up resources to focus on core competencies and reduce total cost of ownership.”
EastNets also highlighted the Checkfree I-Series software solutions to billers, biller service providers and bill consolidators as the core infrastructure of their e-billing service. The software delivers dynamic interactive billing and statement content to both corporations and consumers from a single, integrated platform.
Founded in 1984, EastNets, formally known as Eastern Networks , is a leading Payments and Security Solution Provider for the government and financial service industry. As a recognized market leader, the company is strategically positioned with offices across the broader Middle East region providing products and services either directly to our customers, or on a hosted basis through the EastNets Service Bureau (ENSB). In addition to its presence in the UAE, EastNets is strategically positioned in five other major markets, with offices in Jordan, Turkey, Bulgaria, Egypt, and Bahrain.
