ProgressSoft

ProgressSoft

Since its inception in 1989, ProgressSoft has focused on real-time payments to deliver a set of solutions tailored to the needs of the banking and financial sectors. Operating out of several offices around the globe, ProgressSoft nurtures a diversified client base of more than 350 banks, central banks and financial institutions in 24 countries.

ProgressSoft provides solutions in the fields of Electronic Check Clearing, Mobile Payments, Mobile Payment Clearing, Automated Clearing House (ACH) Payments, Realtime Gross Settlement (RTGS), Electronic Funds Transfer (EFT), and Real-time Retail
Payments Systems (RPS). The company also provides solutions for Corporate Banking & Cash Management and Real-time Securities Trading Settlement, as well as Intelligent Signature Verification and Recognition.

In 2001, the company proudly implemented the World’s First Electronic Image-based Check Clearing Solution; an unprecedented breakthrough in the payments field that actualized a same-day clearing cycle and truncation of the check from the branch level. Since then, this solution has automated check clearing routines in nine countries with nationwide implementations covering all banks and central banks. This banking innovation and its series of successful implementations granted ProgressSoft worldwide recognition as a leading financial technology provider.

In 2008, ProgressSoft introduced PS-mPay, the Countrywide Mobile Payment Solution that allows customers to conduct payment transactions using their hand-held mobiles and smart phones. This state-of-the-art solution enables banked and unbanked customers to conduct Person2Person (P2P), Person2Business (P2B), Person2Government (P2G) and Point-of-Sale (NFC-based) Payments, in addition to Direct Credits, Bill Payments and International Remittances. PS-mPay is currently being implemented on a nationwide scale, providing a convenient, hassle-free method of payment that avails faster access to funds anytime, anywhere.

Complementing the mobile payment cycle, ProgressSoft presented the Mobile PaymentSwitch PS-mpClear, which allows central banks to assume their regulatory role whilst overseeing the mobile payment cycle, in addition to switching and clearing the mobile payment transactions. PS-mpClear was implemented successfully in several countries.

In the field of ACH payments, ProgressSoft was adept at achieving multiple successful implementations of its PS-ACH solution in several countries, where it automated Direct Debit and Direct Credit payments in addition to many other components of PS-ACH that
include Mandate Management, Wage Protection and Salary Processing systems.

In response to global demand for immediate payments- also called urgent payments, faster payments, or real-time retail payments- ProgressSoft introduced PS-RPS, a nationwide real-time Retail Payments System designed to operate on 24x7x365 basis, in order to serve and fulfill the demands of end-users, providing them with swiftness and flexibility.

ProgressSoft partners with global corporations that operate some of the most respected businesses in the Payments and Information Technology fields. Partners include HP, SWIFT, Microsoft, Oracle, Red Hat, Sun, IBM and Cisco.

Find out more about Progresssoft

Contact details

 

Middle East & North Africa

Jordan
ProgressSoft Corporation
51 S. B. A. Waqqas Street
Address
P.O. Box: 802
Amman 11941
Jordan
Telephone: +962 656 23 000
Fax: +962 656 90 564
Email: [email protected]

UAE
ProgressSoft Corporation
DIFC LLP Index Tower
West Entrance, Level 4
Address
P.O. Box: 507172
Dubai
UAE
Telephone: +971 4 3598898
Email: [email protected]



Kuwait
ProgressSoft Corporation
Al-Madina Tower II
Fahad Al-Salem Street
Address
P.O. Box: 5753
Safat 13058
Kuwait City
Kuwait
Telephone: +965 67700009
Email: [email protected]



Oman
ProgressSoft Corporation L.L.C.
Bldg. No: 1287
Way 3516
Address
P.O. Box: 1160
Postal Code 114 MBD
Ruwi - Sultanate of Oman
Telephone: +968 2482 0000
Fax: +968 2481 1120
Email: [email protected]



Qatar
ProgressSoft Qatar W.L.L. Navigation Plaza
C-Ring Road
Address
P.O. Box 33183
Doha - Qatar
Telephone: +974 4424 22 00
Fax: +974 4424 22 11
Email: [email protected]



North America

Florida - USA
Martin Lebouitz
Senior Adviser
North American Regional Executive
Address
4532 West Kennedy Boulevard,
Suite 123 Tampa,
Florida 33609
Telephone: +1 813-7310534
Email: [email protected]

Virginia - USA
Ali T. Fada
Chief Technical Officer
Address
3146 Hidden Oak Rd
SW Roanoke VA 24018
Roanoke - Virginia
Telephone: +1 540-7506360
Email: [email protected]

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