Home News & events Press Releases 2010 Temirbank announced the launch of EMV-cards issuance

 

bTemirJSC “Temirbank” (Kazakhstan) has proudly announced the launch of EMV-cards issuance and support using the MasterCard payment system. The bank’s processing center was successfully certified in MasterCard payment system which included certification of the EMV-system. The bank was immediately able to begin using the payment system for the issuance and support of EMV-cards, which provide a higher level of security for payments than magnetic-stripe cards.

JSC “Temirbank” began its partnership with Compass Plus in 2006 when they adopted a new strategy focused on retail banking. A key part of this new strategy was the establishment of an in-house processing center and the TranzWare platform was chosen as the base solution. JSC “Temirbank” processing center uses key software products from Compass Plus, which includes: TranzWare OnlineTranzWare Card Management System and TranzWare Card Factory (a personalization system).

Compass Plus’ software development specialists have been focused on EMV since the technology became global and the standards and procedures of EMV-card support have been continuously supported by TranzWare. Today TranzWare supports wide range of VSDC and M/Chip specifications including pre-authorized debit, contactless payments and multi-channel authentication DPA/CAP.

“Compass Plus’ specialists provide competent support during certification in payment systems, - says Roman Kairgeldin, Head of Card Technology, JSC “Temirbank”. – Such support is an important part of our collaboration. TranzWare products support highly-adaptable settings and integration with different systems, which provides the required functionality and let us plan our technological growth on the basis of certified solutions”.

JSC “Temirbank” was established in 1992 with the headquarters are located in Almaty (Kazakhstan). The bank is certified in VISA Int. and MasterCard payment systems and has a wide client service network: 21 offices, VIP-center, 341 ATMs, 115 cash withdrawal points, 100 info-payment terminals. JSC “Temirbank” actively uses innovative products which include: Internet-banking and mobile banking. 
www.temirbank.kz

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