ElectraCard Services (ECS) has announced that its latest version of electra payment suite, electraiTx series has been selected by AB Bank in Bangladesh. This will help to power the Bank's ATM network and will process credit and debit cards. ECS has provided AB Bank with their PA-DSS certified electraSWITCH, electraDEBIT and electraCREDIT solutions from the product suite. AB Bank is leveraging ECS solutions to implement a safe, secure and convenient platform for enabling all their payment requirements.
The electra solutions will enable the bank to seamlessly integrate with leading payment associations like VISA and MasterCard. electraSWITCH will also be implemented for managing the switching solutions of the Cashlink Bangladesh Limited (CBL) Network, which is being managed by AB Bank. With the ECS product solutions AB Bank will be able to grow their network, increase the number of ATMs and cardholders.
Ramesh Mengawade, CEO, ElectraCard Services, said, "We are pleased to be associated with AB Bank a pioneer in the Bangladesh banking industry. ECS will provide them with the technology solution necessary to help take Bangladesh to becoming a cashless society."
Reazul Islam, Head of eBiz and IT, AB Bank, said, "We chose ECS because they have proven installations across the globe and a faster go-to-market strategy that fits into our expectations."
Image Gallery
