Tieto implemented the payment solution of Card Suite for Chip Card company (Serbia)

November 05, 2014 The Serbian processing center of the Chip Card payment cards began to offer the latest type of service on the basis of technology of contactless payments using the payment solution Card Suite Contactless developed by Tieto company.

Tieto and Chip Card successfully implemented an implementation project thanks to participation of competent and highly qualified specialists on both sides. Providing licenses, system configurations, carrying out the business analysis and also consultations of specialists in questions of certification of the project of issue and acquiring of the MasterCard PayPass cards fell within the scope of responsibility of Tieto. This project contributed to the development of business activity of a processing center of Chip Card by means of the offer to banks clients of new type of service.

Mâris Ozolinsh, the head of department of Cards, Financial Services, so estimated project deliverables: "For ten years the Tieto company successfully cooperates with Chip Card. Implementation of functionality of contactless payments allowed a processing center of Chip Card to provide compliance to the newest requirements of international payment systems. Besides, contactless payments meet the strict safety requirements set in the industry of payment cards and also provide obvious advantages to financial institutions and consumers. We are sure that digitalization of monetary calculations will stimulate financial and economic growth in the country. Our specialists look forward to implementation in a processing center of Chip Card of future innovative solutions in the field of payment cards."

"The project of issue and acquiring of cards of MasterCard was implemented by us together with Tieto company in the shortest possible time. The project is implemented on the party of issue/acquiring for one of our biggest customers – OTP bank. In view of our participation in one of dynamically emerging markets in the territory of southeast Europe, the offer of the innovation and modern products as existing, and to new clients, is our priority. The contactless platform / payments are one of the new products offered by us of which we very much are proud. We are going to use the contactless platform for further development in the field of contactless mobile NFC payments. I am sure that in cooperation with Tieto company, we are waited by new success in the future", – the Spring Dzhudovich, the chief executive officer of Chip Card said.

Representatives of the company integrator reported TAdviser.