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"After some time, actively used payment terminals become morally outdated, so the bank, following the latest trends, decided not only to take care of the device management system, but also to update the devices themselves by choosing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

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 »

ASHBURN International enters the market of Western Europe

ASHBURN International has entered into a partnership agreement with DECTA. more »

Basics of ATM operation: training for JSICB “Ipak Yuli” employees took place in Uzbekistan

BS/2 experts conducted training for the employees of the department of automated points service and plastic cards issuing of JSICB “Ipak Yuli”. more »

Modern DN-series ATMs added to Victoriabank fleet

or the first time in Moldova, modern devices from Diebold Nixdorf DN-series appeared. more »