JCB, a global payment scheme headquartered in Japan, is expanding its reach with issuers in Pakistan. Bank of Khyber (BOK) recent success with JCB Debit Card in Pakistan has been covered in JCB global publications. TPS, a leading cards and payments solutions company, has been a partner of BOK for over 13 years. TPS enabled its latest IRIS suite of products to offer digital experience platform to BOK customers. The platform would enable them to issue EMV cards adding security of Chip and Pin for their customers.
Bank of Khyber has successfully migrated from Phoenix to IRIS, an Omni-Channel enterprise payment and card management platform to launch JCB debit card. IRIS will enable BOK’s customer with the benefits of ATMs cash withdrawal in Pakistan and overseas. With the implementation of IRIS, the bank’s customers will also have the convenience of interbank transfer of funds and payment of utilities bills through BOK’s ATMs in Pakistan. This will bring added value to the services rendered by the bank to its customers. The solution provides the bank with advanced ATM controlling and reporting system along with enhanced security and administrative modules. Using IRIS, a next generation enterprise switching middleware, the bank can now add channels and services with great ease and in a very short time to offer even more advanced features to its customers.
IRIS builds a strong framework for banks on which they can immediately deploy support for various delivery channels like ATM, IVR, Call Center, Point of Sale Network, Internet Banking, Mobile Banking, Bill Payments etc.
Being a PADSS certified and PCIDSS compliant solution from TPS, IRIS has received international accolades and customer endorsements for its reliability, flexibility, ease of use and extended parameterization.
Considering the strategic value of the project for both BOK and TPS, a smooth execution and timely delivery was needed. In order to ensure that, a team of highly skilled personnel from TPS and BOK was formed. Both the teams realized all the challenged ahead of time and worked closely together to ensure end to end delivery and successful migration from Phoenix to IRIS.
|
About The Bank of Khyber
The Bank of Khyber was established in 1991 through Act No. XIV, passed by the Provincial Legislative Assembly of the Khyber Pakhtunkhwa Province of Pakistan. It was awarded status of a scheduled bank in September 1994. The Bank of Khyber enjoys a unique position, and stands out amidst the other banks operating within Pakistan, and has the privilege of being bracketed among the only three government banks in the country.
About JCB
JCB is a global payments brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes around 30 million merchants and over 1 million cash advance locations in 190 countries and territories. JCB cards are now issued in 20 countries and territories, with more than 93 million card members.
As part of its international growth strategy, JCB has formed alliances with more than 350 leading banks and financial institutions globally, increasing its merchant coverage and card member base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.
About TPS
TPS is a leading provider of cards and payment solutions trusted by over 120 customers spread across 30+ countries including Asia and Africa with increasing footprint across other regions. Our solutions focused on mobility and reliable services enable banks, telecoms, central banks, payment processors, national switches and other institutions in their mission critical digital banking, cards and payments services.
TPS offers a combination of technical and business expertise in the area of card management, prepaid cards, multi-channel issuing and acquiring, payment processing, alternate delivery channel management, bills payment gateway and processing, remittance hub and processing, payment gateways and internet & mobile banking. From inception through design and implementation to upgrades and support, TPS stays committed to the entire project life cycle and beyond.
Sundus Anwar believes in the power of clear, straightforward writing. Her blog posts tackle everyday topics with relatable insights and easy-to-follow advice. With a conversational style, she makes complex subjects feel understandable. She’s dedicated to sharing knowledge and empowering readers to take action. Find her latest posts on trending in social.
