PUNE (Yosefardi) – ElectraCard Services (ECS), a global provider of software and processing solutions for enterprise payment systems, announced a 10-year, multi-million dollar agreement with PT. Collega Inti Pratama (Collega), a leading banking technology services provider in Indonesia.
PT. Collega has selected ECS to replace their legacy payment processing systems with ECS’ PA-DSS compliant electra solution suite. PT. Collega offers ATM driving, inter-bank and network switching and card processing services for banks across Indonesia. Collega has initiated its technology modernization effort to facilitate an advanced services offering to its member banks.
The ECS platform will help PT. Collega scale to drive 5000 ATMs and process 10 million cards for 20+ banks and enable Collega to provide Value Added Services including remittances, bill payments, mobile top-ups, ticket bookings, Haj payments and teller initiated payment transactions.
PT. Collega also plans to launch new services like contactless payments, e-commerce and m-commerce acquiring, Islamic and conventional credit cards, financial inclusion and loyalty solutions.