Bank Saderat Iran chooses TPS for its ATM and debit card program in Oman

24 July 2009

Bank Saderat Iran (BSI), one of the largest privately-owned banks in the region, with 3248 branches, has selected Phoenix to manage its complete ATM and debit card program in Oman. TPS has been selected by BSI through its reseller, Al Madina, a leading provider of mag-stripe card personalization services to major banks in the country.

TPS will serve as a one-window solution provider for BSI hardware, software, ATM, consultancy and project management needs. Phoenix is already running successfully in HBL Oman, which sets an example for many other banks.

Phoenix will work as both an ATM controller and a debit card switch. Its implementation will provide a robust and flexible platform, enabling BSI to add various value-added services through its ATMs and other alternate delivery channels, while maintaining a single interface with its back-end and core banking systems.

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