Home News & events Press Releases 2008 Compass Plus and MSCC launch SAS

 

MSCC-LogoCompass Plus together with an Egyptian processing centre Mediterranean Smart Cards Company launched a new type of outsourcing project - “software as a service”. First customer to choose this new model is SISP (Sociedade Interbancaria e Sistemas de Pagamentos, SA) in Cape Verde. MSCC and Compass Plus provided SISP with TranzWare Card Factory – a leading EMV personalization solution automating EMV card issuance for a number of banks in Cape Verde. The new model presumes that customers do not buy the license for the software and pay for maintenance and support, instead they obtain a turn-key solution, which is completely maintained by MSCC, and therefore pay only for the service rendered, while enjoying all the advantages of in-house solution.

MSCC and Compass Plus are planning to extend this new approach to other products and countries in Africa and Middle-East in the near future.

MSCC is a leading payment processor in Africa and Middle-East providing its services to more than 40 institutions across the region. MSCC is a long standing Compass Plus’ partner and has been using TranzWare products to drive their own business and distributing them for the last 4 years.

SISP is a national processor in Cape Verde, who is entrusted by local banks to drive their card issuance and acquiring business in the country.