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Aconite wins first deal in South Africa for EMV migration solutions and expertise
London, 16th May 2007
Banks worldwide are extending payment services to incorporate EMV scripting and transaction processing
LONDON: 16 May 2007: Aconites fast track Europay, MasterCard and Visa (EMV) solutions, including EMV Transaction Enabler and EMV Script Processor software, enable banks worldwide to not only process EMV transactions but also dynamically manage customers credit risk through post-issuance scripting.
Aconite has experience in implementing proven software, while EMV consultants are experts in delivering focused EMV migration packages at minimum cost, risk and disruption to clients existing card payments business. Aconite's unique blend of software solutions and smart card expertise allows clients who require low-risk, fast-track migration to EMV to move easily to new customer centric platforms.
Investec Private Bank South Africa, a division of the Investec group, has appointed Aconite as part of its card payment offering.
Patrick Regester, EVP of Sales & Marketing for Aconite, commented, "Aconite is proud to have been chosen by Investec to fulfill its EMV migration needs. The deal is our first in the South African market and reflects the continuing success of Aconite in implementing its award-winning products in new markets".
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