Unified Payment Points - Phase One
Unified Payment Points - Phase One is a comprehensive payment service in Yemen that provides the ability to make payments from any point to any subscriber in the service through connections with all banks, electronic wallets, and payment service providers. Customers of banks, electronic wallets, and electronic payment service providers who are subscribed to the Unified Payment Point service can make immediate payments for purchases in a reliable and secure manner. This service will help facilitate purchase transactions and payments, contributing to the growth of the country's economy.
It is available 24/7 and can be accessed through the channels designated for service subscribers. The service's objectives are summarized as follows:
- Facilitate sales transactions between customers and merchants using financial technology.
- Make non-cash payments easier and more widespread by increasing their speed, availability, and reliability.
- Automate payment processes for purchases from start to finish, based on global standards and best practices in direct automated procedures.
- Support the achievement of high standards in security, reduce risks, and enhance cost-effectiveness for all stakeholders in the payment processes.