National Bank of Tajikistan, with help from Compass Plus, has gone live with a national processing centre in under six months. The bank selected Compass Plus in July 2011 to consolidate the existing infrastructure of bank card acceptance in Tajikistan on a single national platform, enabling secure card operations in the country and delivering access to the advanced payment technologies, including Internet and mobile banking.
For a project of this size and complexity, implementation in just six months from contract signature has once again proven the agility of the Compass Plus implementation team and the flexibility of the TranzWare product suite.
Choosing Compass Plus as its technology partner ensured that the Tajikistan national processing centre gained access to the full range of modern banking services that include cash disbursement and acceptance, payment for goods and services, various fund transfer options, performing banking operations via the Internet and mobile and SMS-banking. The processing centre is capable of delivering services to the country’s credit institutions that enable the performance of information processing, financial operations as well as clearing settlements in payment systems.
Andrey Chirkov, head of Russia and Commonwealth of Independent States (CIS) region at Compass Plus, said: “Our extensive experience in implementing large scale projects across the globe has helped us ensure that within a short period of time the National Bank of Tajikistan was able to set up a secure and versatile payment infrastructure and offer access to the latest remote banking technologies, ensuring the needs of financial institutions in Tajikistan are fulfilled now and in the future.”
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