Building National eCommerce Payments Infrastructure in Kuwait

November 21, 2024
Building National eCommerce Payments Infrastructure in Kuwait
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Founded in 1992, our customer is a Kuwaiti national company providing electronic payment and banking services to member banks. Our customer operates the largest online payment processing rails in Kuwait with the following objectives:

  • Serve the national economy by providing reliable and secure payment processing rails to advance adoption of digital payments
  • Lower overall transaction processing costs for member banks
  • Enable small and medium enterprises (SMEs) to accept digital payments

 

To support Kuwait’s rapidly growing ecommerce market, the customer selected the FSS Payment Gateway to modernize its existing online payment processing infrastructure. The Gateway provides a reliable, secure, and scalable multi-institution payment payments processing capability. Currently, 11 member banks have been onboarded and the Gateway processes an approximate 80M transactions annually.

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