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Sybrin, Tieto partner to bring payment solutions to Africa


Johannesburg, 27 Jun 2017
Read time 1min 20sec

Sybrin and Tieto, a leading software and services provider in the Nordics, have joined forces to provide transaction switching and card management solutions to complement Sybrin's strong offering in cheque and EFT processing.

This partnership will enable both companies to start the journey towards the realisation of omni-channel payment solutions, retail payment and card solutions, and national payment systems.

"We are very excited about our partnership with Tieto. Their payment solutions complement the broad range of solutions already offered by Sybrin in Africa. Together, we plan not only to implement card and payment switching solutions, but also to innovate omni-channel payment gateways. Sybrin's decision to partner with Tieto is based on the quality of their solutions, as well as our similarities in work ethics," said Marius Mar'e, Business Development Director at Sybrin.

The payments industry has evolved to instant or real-time payments, which has become the number one requirement from customers.

The partnership will allow the delivery of scalable and robust CMS solutions to the continent, providing customers with a host of customisable value-added solutions, including:

* National payments system solutions;
* Omni-channel payment gateways;
* Channel-agnostic payment hub solutions;
* Card issuing and acquiring;
* Clearing and settlement solutions;
* ATM acquiring and monitoring solutions; and
* Fraud and dispute management solutions.

Tieto

Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business, and society. Tieto aims to be customers' first choice for business renewal by combining its software and services capabilities with a strong drive for co-innovation and ecosystems. Tieto has more than 25 years' experience in retail payment and card solutions in Europe, Asia, and Africa. www.tieto.com/digitalretailpayments

Sybrin

Sybrin was established in 1991, and has more than two decades' worth of experience in the provision of bespoke solutions in the payment and information management industries. It has sold more than 600 systems across Africa, Europe and the Middle East, with over 250 employees who are dedicated, resourceful, and passionate about their work. Sybrin's solutions are currently deployed in 20 countries worldwide and it is actively expanding into new territories, experiencing a consistent growth rate of over 30% year-on-year. Its rapid growth enables the company to best serve its growing customer base in and around Africa. www.sybrin.com

Editorial contacts
Sybrin Systems Constantia Nel (+27) 11 367 6900 constantia.nel@sybrin.com
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