TSYS grants license to Imperial bank for PRIME 4

Global payment processor TSYS has granted a
license to Kenya’s Imperial Bank to deploy the latest version of
its card and merchant management solution, PRIME 4.

Imperial Bank will install PRIME4 to manage
the issuance of its Visa credit, debit and prepaid card portfolios
in Kenya and Uganda.

Kelley Knutson, executive vice president, TSYS
International said:

“PRIME 4 has been designed to accommodate the
evolving needs of issuing and acquiring institutions, such as
increased agility, operational efficiency, security, risk
management and compliance.”

“We sought a secure card processing platform
with user-friendly functionality to support our expansion strategy,
and wanted a trusted partner with a proven track record in the
market.” said Abdulmalek Janmohamed, managing director, Imperial
Bank.

The agreement marks Imperial Bank TSYS’s
15^th client in Africa.

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights.

Sign up