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TietoEnator to upgrade Ukrinbank’s payment cards system

IT solutions provider TietoEnator has signed an agreement to upgrade the Ukrainian bank's payment cards system.

TietoEnator, which first worked with Ukrinbank in 1997, will install its card suite solution designed to advance bank’s business in the area of issuing international Visa and MasterCard Europe cards, as well as migrating to issuing and acquiring EMV cards in line with the requirements of international payment systems.

The functionality of the system facilitates the implementation of new banking technologies to accept payments for products and services through terminal devices as well as to expand a range of card products.

TietoEnator offers well elaborated and complex solutions that enable dynamic and systematic expansion of the services that Ukrainian banks now offer to customers, said Nikolaj Nechaj, director of payment systems and technologies department at Ukrinbank.

We are aiming at providing a modern, reliable, and complex solution to translate a variety of customers’ concepts into reality concerning the processing and application of payment cards. We are confident that Ukrinbank, having implemented TietoEnator’s card suite, will be able to conduct its business at a new level, said Ludmila Vasyagina, head of TietoEnator’s office in Ukraine.