NamITech Limited today announced that it has signed an agreement with Welcome, a leading international provider of enhanced payment software. The agreement sees NamITech become a value-added reseller of Welcome`s enhanced EMV offerings to banking customers in southern Africa.
"We are very pleased to be partnering with Welcome," says Chris Steyn, Director Banking Solutions, NamITech. "It is an important milestone for the company as it is consistent with our strategy of maximising our EMV offer with customer-centric features. Welcome is undoubtedly a global leader in enhanced payment software, as evidenced by the extraordinary success of projects with banks all over the world and more recently in Turkey and the Middle East, and for NamITech to become Welcome`s official representative in southern Africa will contribute significantly to our already strong position in the EMV market.
"We will be able to recommend to our banking customers a very powerful EMV compatible enhanced payment solution, which costs little more than basic EMV but offers far more benefits for cardholders, merchants and bankers
"South African banks are currently in the intensive stages of planning and implementing EMV;" said Philippe Vinci, Welcome EMEA CEO. This partnership fits within Welcome`s expansion objectives in SA where Namitech is well established and addresses banks requirements to get more value out of their EMV migration by increasing card revenues and securing market share.
Welcome`s flagship product, XLS was recently awarded "ROI of the Year" by The Banker, an FT Business Publication, for its ability to deliver substantial return on investment to banks. The award makes XLS the first EMV application to win formal recognition for its role in reducing costs and increasing revenues. XLS surrounds the basic EMV application in the POS terminal and enhances it with revenue-boosting services such as instantly awarded loyalty points, coupons, punch cards, vouchers and cash back.
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NamITech Ltd is a secure technology provider focusing on a number of key market areas: mobile, banking and industry and government. NamITech strives to add value to business through providing leading edge innovative secure technology solutions aimed at facilitating trusted card technology, payment solutions, and digital trust services for its customers. The company is a Proudly South African member and has received an AA Premium rating from EmpowerDEX, an independent economic empowerment-rating agency.
NamITech is a subsidiary of the multibillion-rand JSE Securities Exchange-listed Altech group of companies and has an established reputation of credibility and integrity. The company operates out of two centrally located premises Johannesburg. For further information, visit www.namitech.com.
Welcome
Welcome is the world`s leading provider of enhanced payment software. Financial institutions, retailers and card associations across the world depend on Welcome`s payment software to boost their revenues with services such as instantly awarded loyalty points, coupons, punch cards, vouchers, tickets and cash back, all integrated within a single convenient payment process. With over a hundred deployments involving millions of cardholders and thousands of merchants worldwide operating the company`s software, Welcome has proven repeatedly that its easy-to-deploy solutions generate higher sales for its clients while increasing their customers` satisfaction and loyalty. Welcome is headquartered in Aix-en-Provence, France, with offices in Phoenix, Arizona and Singapore. For further information, visit www.welcome-rt.com.
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