ASHBURN International Invested Over €1m in Its POS Terminal Network Upgrade

Published: 5 April 2018 y., Thursday

In 2017, ASHBURN International (part of The Penki Kontinentai group), which deals with the card payments and loyalty program managing solutions, has completed its Lithuanian POS terminal network modernization. The investments exceeded €1m - and the number of updated stand-alone and integrated POS-terminals was more than 4 thousand units.

"We started our entire Lithuania-served terminal network already in 2016. It was a multi-stage project, which we completed in late 2017. The work was necessary as of this January 1 the term of former PCI PTS 1.0 POS terminal certificate expired; so, we offered our clients the devices that correspond to a higher PCI PTS 3.0 security standard," says Žoržas Šarafanovičius, ASHBURN International Executive Director.

According to Šarafanovičius, the new terminals also use their developed TransLink.iQ network management platform, which allows real-time monitoring of all devices running, as well as their settings as software updating.

ASHBURN International first introduced POS terminals from Ingenico, which is one of the world's largest manufacturers, in Lithuania in 2008. In 2013, the company became Ingenico’s official partner in the Baltic States. TransLink.iQ software developed by ASHBURN International is currently installed on some 20 thousand POS terminals around the world. Currently, the company negotiates with business partners on connecting another 250 thousand terminals to the TransLink.iQ platform.

Šaltinis: Ashburn International
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

BS/2 is the General Sponsor of the International Banking Forum

The banking industry professionals from Eastern Europe and Central Asia met in Almaty on October 26 and 27, 2022. more »

Tipping via POS-terminal is an innovation in the Lithuanian service market

“My tips” is a new service option in the Lithuanian restaurants. more »

Strategic partnership: Diebold Nixdorf summit on current trends in the financial industry

On September 20-22 Diebold Nixdorf – the world leader in the banking and trading equipment market – will hold a partner summit in Bangkok. more »

As part of the opening of the IT Park, the head of the board of the Penki kontinentai Group of Companies met with the Prime Minister of Uzbekistan

Idrakas Dadašovas thanked the Prime Minister for the opportunity to talk about the development of banking self-service in the Republic of Uzbekistan. more »

Big interview with a banker: Umid Xojibekov told about secrets of career at Ipak Yuli Bank

Umid Xojibekov talked about the beginning of his career, the specifics of working at Ipak Yuli... more »

International Bank of Azerbaijan chose Vynamic View software

Winning the tender means equipping ABB ATMs with Vynamic View software, software for monitoring, and IT service management of self-service systems. more »

BS/2 Georgia became Georgia's official fiscal data operator

BS/2 Georgia in cooperation with ASHBURN International offer payment terminals to the Georgian market, which perform fiscalization function, thus replacing cash registers. more »

Social initiative at the Penki kontinentai art galleries

On the last Friday of July, the social initiative "Mind, beauty, health - the beginning of our future" was held in the Penki kontinentai art galleries. more »

BS/2 continues cooperation with Halyk Bank

BS/2 has been cooperating with the largest bank in Kazakhstan for several years. more »