Under the deal, ECS’ PA-DSS compliant platform is set to help e-RG launch programs with multiple financial institutions and channels like ATM, POS, internet and mobile on the same platform.
The eRG payment cards offer consumers debit or prepaid smart cards with NFC capabilities. e-RG’s platform is meant to help consumers make and accept payments, tax remittances and utility bill payments.
ECS is a subsidiary of Opus Software Solutions. ECS is a PCI DSS certified third-party processor (TPP) for MasterCard and Visa. The company allows financial institutions, retailers, finance companies and corporations to electronically process payment transaction, including credit, debit, pre-paid, smart cards and ACH.
In recent news, ElectraCard Services has entered an agreement with Bangladesh-based private sector bank AB Bank . Under the terms of the deal, AB Bank has chosen ECS’s electraiTx service to run its ATM network and process credit and debit cards.
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