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18 September, 2017

International Payment Services Signs Purchase Agreement with BPC Banking Technologies

International Payment Services Signs Purchase Agreement with BPC Banking Technologies

Purchase Agreement signed by IPS for payment processing platform SmartVista.

On the 10th September 2017 at International Payment Services’ headquarters in Seef Area Bahrain, International Payment Services B.S.C signed a purchase agreement with BPC Banking Technologies for payment processing platform SmartVista for financial institutions.

The agreement between the two parties was honorably signed by Mr. Ebrahim Janahi, Chief Executive Officer of International Payment Services B.S.C, Bahrain and Mr. Angelo Bertini, Senior Vice President, Managing Director of BPC Banking Technologies, MEA region.

IPS has selected SmartVista platform to perform core business activities that involve formulating innovative electronic payment solutions for various businesses, ensuring high standards and a competitive price, managing all its services of credit and debit card issuing and ATM acquiring business as part of a single-platform solution. IPS will benefit from SmartVista's integrated capability for authorization and switching, fraud monitoring and risk management, disputes and chargeback handling, and ATM management……etc.

Ebrahim Janahi, Chief Executive Officer, IPS added we are delighted to partner with BPC Banking Technologies to further support the growth of the Client's services. SmartVista solution fully serves our business and fully supports our clients centered-payments approach to enabling businesses to grow.

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According to Mr. Angelo Bertini, SVP, MD BPC Banking Technologies in MEA region, SmartVista suits is the solution to serve any independent processor’s business. “With over 20 national banks and independent processing companies worldwide, BPC has market proven expertise on how to establish processing services business from scratch. IPS now has a full SmartVista suite which has enabled the company to run their platform on their own, to reduce time-to-market thanks to transparent product launch processes and new client acquisition. BPC is happy to offer IPS a special integration platform, highlighted by its scalable and flexible architecture to ensure the future proof business of the company in any region they would like to enter”, added Mr. Bertini.

He then commented that “signing the agreement today with IPS reflects the constructive partnership between international private sector companies, while praising the company’s role at national and international levels. With IPS’s ambition to be the leading payment processor in the Middle East, Europe and Africa we have added to our ambition of making BPC’s business reach all foreign markets and to raise its name and its staff globally. “

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About International Payment Services B.S.C - IPS
International Payment Services B.S.C. © (IPS) is the industry’s fastest growing third-party payment processing company established in 2017, headquartered in Manama, Bahrain. It is Regulated & Licensed by the CBB. It offers innovative and ingenious IT payment solutions to their clients. IPS introduces fresh and revolutionary payment processing systems and works beyond conventional trade practices. It provides payment processing systems that are reliable, seamless and user-friendly.

IPS is a leading provider of from anywhere in the world. IPS’s vision is to be the preferred processor & innovative electronic payment solution provider in the Middle East, Europe and Africa.

About BPC Banking Technologies:
BPC Banking Technologies is the world’s leading provider of Open System e-payment solutions for the global financial industry. BPC is the developer and distributor of SmartVista – a comprehensive suite of solutions covering virtually every aspect of electronic payments processing. BPC has over 190 clients from 65 countries. More than 20 national processing centers have chosen SmartVista as their payment business platform. Not only does SmartVista handle tomorrow’s payment challenges today, but it does so with speed and ease that is unmatched in the industry.

© Press Release 2017