The Georgian Market Is Increasingly Interested in Lithuanian POS Terminal Management Solutions

Published: 21 February 2023 y., Tuesday

One more Georgian bank is now using TransLink.iQ, ASHBURN International's software solution for card readers. Liberty Bank of Georgia purchased this terminal management system to handle its network of more than 5,500 payment devices. The software was implemented by two companies from the Penki kontinentai group, namely ASHBURN International and BS/2 Georgia, which operates in the local market.

"Working closely with BS/2 Georgia and ASHBURN International, we were able to achieve the highest possible result. We chose the proposed software solution because it is compatible with terminals of different manufacturers and models that accept payment cards. Moreover, it meets international security requirements and is suitable for working with a large number of devices and a high volume of transactions. This is especially critical as we plan to expand our network in the future," says Vazha Maisuradze, Head of ATMs and POS Terminals Service Division at Liberty Bank.

TransLink.iQ enables remote control, the updating of parameters and software for terminals, and the transmission of payment data to acquiring centers. The system is installed and in use in more than ten countries. TransLink.iQ also received a gold medal for "Lithuanian Product of the Year".

"The TransLink.iQ solution has the added advantage of enabling enhanced features such as tipping in restaurants, making a payment using a QR code, transferring fiscal data in real time, etc. "You can generate more income by being able to implement new functions on the same terminals," says Žoržas Šarafanovičius, CEO of ASHBURN International.

In November 2022, BS/2 Georgia and Liberty Bank agreed on the deal. Specialists from ASHBURN International quickly installed the system and linked Android-based Ingenico and SUNMI payment terminals to it.

"After some time, actively used payment terminals become morally outdated, so the bank, following the latest trends, decided not only to take care of the device management system, but also to update the devices themselves by choosing the latest models," explains Emilio Kiris, BS/2 Georgia Commercial Director.

In Georgia, the Penki kontinentai group is already collaborating with other banks, namely the Bank of Georgia and TBC Bank, to enable acquiring services. They were the first to install multifunctional SUNMI terminals, capable of operating with several business applications. This equipment was supplied by ASHBURN International. BS/2 Georgia provides these clients with the TaaS (Terminal as a Service), which includes the rental of devices, replacement of them, maintenance, etc. Currently, over 36,000 payment devices are serviced in the region. The services are implemented using the TransLink.iQ solution from ASHBURN International. ASHBURN International specialists provide remote technical monitoring of the system from Lithuania.

Šaltinis: ashburn.eu
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

Associated articles

Related videos

05/02/2014

Padėkime augti

Vilnius residents are spending more in cafes and restaurants, and tips are increasing too

By the end of the first quarter of this year, nearly 1,000 waiters and bartenders in the country have joined the new Lithuanian digital solution for tips. more »

Penki kontinentai Group implements a new non-standard payment solution in Georgia

BS/2 Georgia and ASHBURN International, together with TBC Bank, one of the largest banks in Sakartvelo, have developed a new non-standard payment solution for the coffee capsule manufacturer Meama. more »

The Georgian Market Is Increasingly Interested in Lithuanian POS Terminal Management Solutions

One more Georgian bank is now using TransLink.iQ, ASHBURN International's software solution for card readers. more »

The history of the Penki kontinentai group of companies - in the authoritative Newsweek magazine

One of the oldest American media outlets wrote about the achievements of Penki Kontinentai Group. more »

Georgian Banks Implement New Payment Terminal Options

In collaboration with the Georgian bank TBC Bank, ASHBURN International developed and deployed on POS terminals the feature of payment for products and services without cash or bank cards. more »

BS/2 partner Diebold Nixdorf has received two Global Banking & Finance Review awards 2022

The company received the Next 100 Global Awards 2022 — Technology Solutions Provider award. more »

The VI International Banking Forum Results

BS/2 (Penki kontinentai Group) was a premium sponsor of the event. more »

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 »