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International Payment Services Signs Purchase Agreement with BPC Banking Technologies
Purchase Agreement signed by IPS for payment processing platform SmartVista.
Dubai, 26 September 2017. – This month at International Payment Services’ headquarters in Seef Area Bahrain, International Payment Services B.S.C signed a purchase agreement with BPC Banking Technologies for payment processing platform SmartVista for financial institutions.
The agreement between the two parties was honorably signed by Mr. Ebrahim Janahi, Chief Executive Officer of International Payment Services B.S.C, Bahrain and Mr. Angelo Bertini, Senior Vice President, Managing Director of BPC Banking Technologies, MEA region.
IPS has selected SmartVista platform to perform core business activities that involve formulating innovative electronic payment solutions for various businesses, ensuring high standards and a competitive price, managing all its services of credit and debit card issuing and ATM acquiring business as part of a single-platform solution. IPS will benefit from SmartVista's integrated capability for authorization and switching, fraud monitoring and risk management, disputes and chargeback handling, and ATM management, and etc.
Ebrahim Janahi, Chief Executive Officer, IPS added we are delighted to partner with BPC Banking Technologies to further support the growth of the Client's services. SmartVista solution fully serves our business and fully supports our clients’ centered-payments approach to enabling businesses to grow.
According to Mr. Angelo Bertini, SVP, MD BPC Banking Technologies in MEA region, SmartVista suits is the solution to serve any independent processor’s business. “With over 20 national banks and independent processing companies worldwide, BPC has market proven expertise on how to establish processing services business from scratch. IPS now has a full SmartVista suite which has enabled the company to run their platform on their own, to reduce time-to-market thanks to transparent product launch processes and new client acquisition. BPC is happy to offer IPS a special integration platform, highlighted by its scalable and flexible architecture to ensure the future proof business of the company in any region they would like to enter”, added Mr. Bertini.
He then commented that “signing the agreement today with IPS reflects the constructive partnership between international private sector companies, while praising the company’s role at national and international levels. With IPS’s ambition to be the leading payment processor in the Middle East, Europe and Africa we have added to our ambition of making BPC’s business reach all foreign markets and to raise its name and its staff globally”.
Press articles related to IPS and BPC Banking Technologies:
IPS - Coverage via Thomson Reuters