12 December 2017
visit www.avoka.com

Aconite targets South Africa with Opengate partnership

16 January 2008  |  1568 views  |  0 Source: Aconite

Aconite, the leading provider of EMV and smart card software solutions and professional services, and Opengate (previously Intelliform) a South African based company focused on the supply of card products and managed services to the local payments industry, have teamed up to provide rapid and cost effective EMV compliance and chip based pre-paid applications for card issuers.

The integration of Aconite's EMV Transaction Enabler and EMV Script Processor with best of breed card management systems supplied by Opengate will enable issuers to process EMV transactions and dynamically manage a card holders' credit risk through advanced post-issuance scripting.

In addition Aconite's Smart Prepaid application enables an organization to rapidly deploy issuing and acquiring capabilities in the low value pre-payment space using contactless chip cards in markets such as transport and retail.

Patrick Regester, Senior Vice President Sales & Marketing at Aconite said "This relationship is a great fit for Aconite as it draws on the relative strengths of both organizations. Aconite is recognized as a product leader in the EMV and prepaid markets, whilst Opengate has a strong service orientation and an excellent understanding of the South Africa payments market. This is an exciting market for Aconite and the timing of the partnership is opportune. We look forward to supporting Opengate in their endeavors to establish themselves as a highly differentiated player in the SA card and payments market."

Anton Maybery CEO at Opengate said "We are very proud to be associated with a global leader with such in-depth EMV and prepaid and contactless expertise. The Aconite offering will bolster our market position, and their technology will constitute a critical component of our service based business. There is tremendous value in being able to help our customers with the challenges of the current national chip rollouts, and find ways to leverage the standards and capabilities of EMV into new verticals such as transport, education and medical, and even new regions on the back of international growth plans."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.solutions.lexisnexis.comvisit http://info.nice.com

Who is commenting?

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18654 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11571 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8088 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
6860 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6221 views comments | 19 tweets | 10 linkedin

Featured job

Find your next job