The Central Bank of Oman has announced that it has clinched an agreement with Industrial Management Technology & Contracting (IMTAC).

According to sources, the bank has signed this arrangement for the implementation and commissioning of an integrated National ATM/POS Switch Network.

The sources further added that the scope of the pact with IMTAC is to replace and unify the current Oman-Switch Network with a high-tech switch network based on world-class ACI's BASE24-eps technology and on Hewlett-Packard's Integrity Non-stop infrastructure.

(via TopNews Arab Emirates. Contributed by Faarooq Mehmood)