Global payment processor TSYS has granted a license to Kenya’s Imperial Bank to deploy the latest version of its card and merchant management solution, PRIME 4.
Imperial Bank will install PRIME4 to manage the issuance of its Visa credit, debit and prepaid card portfolios in Kenya and Uganda.
Kelley Knutson, executive vice president, TSYS International said:
“PRIME 4 has been designed to accommodate the evolving needs of issuing and acquiring institutions, such as increased agility, operational efficiency, security, risk management and compliance.”
“We sought a secure card processing platform with user-friendly functionality to support our expansion strategy, and wanted a trusted partner with a proven track record in the market.” said Abdulmalek Janmohamed, managing director, Imperial Bank.
The agreement marks Imperial Bank TSYS’s 15th client in Africa.