Digital Payments Accelerated with Covid-19 Pandemic

Payment cards, electronic payments, and online services have become a reality not only in financial but also in social, utilities, and other spheres. Many countries strive for a new reality in which there are no coins or bills. Swedish churches already accept donations electronically, and China has more than five bankcards per person. Various factors affect the speed of the cash refusal: the emergence of new convenient and safe solutions, the development of innovative technologies, and even such extraordinary circumstances as the COVID-19 pandemic. Read more »

ASHBURN International Forges Partnerships With Online Banks

ASHBURN International has signed a payment service agreement with Travel Union, the travel-focused digital banking platform for individuals, families, and travel industry partners. The company will provide a range of services for the development of payment acquiring infrastructure. Read more »

TransLink.iQ Integrates POS Terminals with a Hotel Management System

ASHBURN International integrated the POS network management and transaction routing solution TransLink.iQ with Oracle Hospitality OPERA and Oracle Hospitality Suite8 hotel management systems. The project was implemented in cooperation with HRS Hospitality & Retail Systems. Read more »

ASHBURN International Expands Partnership with SEB Bank

ASHBURN International, a company specializing in the development, implementation, and support of software for POS terminal network management and transaction routing, has signed a cooperation agreement with SEB Bank. The subject of the contract is the supply, ongoing maintenance and the implementation of software for managing the POS terminals network of this credit institution in all Baltic countries. Read more »

Penki Kontinentai Group After Quarantine: Changed Communication Format and Rapid Introduction of Technologies

Banking and ITT technology Group Penki Kontinentai steps out of quarantine with an even stronger position in the market and retaining employee salaries. Read more »

ASHBURN International Integrated Uzcard and Mir Payment Systems

ASHBURN International, a developer and supplier of flexible innovative solutions for acquiring organizations, carried out the integration of Uzcard and Mir payment systems. From now on, residents can pay with cards of the Russian payment system in Uzbekistan. Read more »

Penki Kontinetai Financial Results for the First Quarter Of 2020

Penki Kontinetai Group's revenue for the first quarter of 2020 amounted to 10.2 million euros. Financial indicators are consistent with the results of the same period last year. Read more »

Penki Kontinentai Supports Social Initiatives during the COVID-19 Pandemic

Penki Kontinentai expresses gratitude to all socially responsible citizens, volunteers, and business representatives, who help physicians, the elderly and other vulnerable groups during the COVID-19 coronavirus pandemic. The Group of companies, in turn, allocated 50 thousand euros to support public organizations in Lithuania. Read more »

Penki Kontinentai Group Transitions to Remote Work

Following the decision of the Lithuanian government on a two-week nationwide quarantine due to the spread of COVID-19, the Penki Kontinentai Group transitions some areas of its activities to the remote format. Read more »

TransLink.iQ - The Object of a New Study by Takhmasib Dadashev

The software solution for monitoring and managing EFTPOS-terminal networks TransLink.iQ will be the subject of a new study by Takhmasib Dadashev. Read more »