Aconite Wins First Deal in South Africa for EMV Migration ...

21.05.2007 / 10:04 / Rubriek: Informatief / Organisatie: Aconite ltd

Aconite ltd

Aconite Wins First Deal in South Africa for EMV Migration Solutions and Expertise

LONDON, May 21 /PRNewswire/ --


- ATTN: Business Editors


- Banks Worldwide are Extending Payment Services to Incorporate EMV Scripting and Transaction Processing

Aconite's 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 fulfil 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."

About Aconite

Aconite, a leading global provider of EMV and smart card technology develops and delivers smart card payment solutions to issuers around the world, providing a rapid and cost-effective route to international standards compliance and delivery of innovative card payment solutions to new and existing markets.

Incorporating a unique blend of proven software solutions and professional services, Aconite solutions can be tailored to meet individual business requirements without the need to replace legacy systems and with minimal impact on staff and processes.

Based in the UK, Aconite has representation across five regions: Europe, Middle East, Asia, The Americas and Southern Africa. Further information about Aconite can be found on the Aconite website at www.aconite.net

Contact:

For further information about Aconite Technology Ltd, please contact: Sarah Hill at Aconite., Tel: +44-(0)-20-7812-7150, E-mail: sarah.hill@aconite.net