The collaboration between payments software
provider Compass Plus to produce a national processing centre for
the National Bank of Tajikistan has gone live.
Compass Plus will consolidate of the existing
infrastructure of bank card acceptance in Tajikistan on a single
national platform, as well as enable secure card operations in the
country and support internet and mobile payment technologies.
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Sharif Rahimzoda, chairman of the National
Bank of Tajikistan, said: “The main objective of the establishment
of the National processing centre is to ensure an autonomous
platform that does not depend on external payment systems for
settlement and to minimize the risk of external factors influencing
the payment infrastructure of Tajikistan.”
Compass Plus said its technology will ensure
that the Tajikistan national processing centre will have access
to what it called a range of modern banking services,
including cash disbursement and acceptance, payment for goods and
services and various fund transfer options as well as internet,
mobile and SMS banking.
The processing centre aims to deliver services
to the country’s credit institutions enabling performance of
information processing, financial operations along with clearing
settlements in payment systems.
The centre will facilitate the extensive
capabilities for connecting various ATMs and terminals of
participating banks, for issuing domestic and international banks
cards and the acceptance of mobile and internet payments for
companies signed up to the scheme.
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By GlobalDataThe project has taken just six months to
implement after The National Bank of Tajikistan selected Compass
Plus in July 2011.
