Tenfore boosts payment processing efficiency with IPS Payment Gateway integration in collaboration with ASEE in Serbia
ASEE successfully deployed its latest solution, IPS Payment Gateway, for its client, Tenfore, a payment institution. This implementation enables Tenfore to efficiently route transactions received from end-users at its points of sale directly to the IPS NBS system, ensuring seamless processing around the clock through NBS 24/7.
This strategic integration allows Tenfore to become an indirect participant in the NBS IPS system, offering end-users the convenience of immediate bill payments at their points of sale, accessible 24/7. Challenges included navigating Tenfore’s status as the first payment institution in the NBS IPS system that isn’t a bank, as well as establishing connectivity with the payment institution’s system and completing IPS testing conducted by the NBS.
This milestone project distinguishes Tenfore as the inaugural non-bank payment institution on the NBS IPS system. Recognized as a significant step forward, this achievement was underscored in NBS presentations as a pivotal moment in broadening the inclusion of diverse financial institutions within the IPS framework
ASEE
Share
More from ASEE
BRCI partners with ASEE to implement instant payment technology
Romanian Credit and Investment Bank (BRCI) has partnered with ASEE
New ASEE showcase pages are now live! Follow our LinkedIn showcase pages for latest information on cybersecurity, content services and contact center solutions
Overview: With over 90,000 followers on our ASEE LinkedIn
ASEE in Macedonia signed agreement for implementation of AML solution in Iraq
To our great pleasure and overall team success, we would
Romanian Credit and Investment Bank (BRCI) has partnered with ASEE to bring cutting-edge instant payment technology to its customers. With this collaboration, BRCI becomes the 13th bank in Romania to join Transfond’s Instant Payments scheme, a move that promises to transform the banking experience for its clients. This is a significant development in Romania’s banking […]
To our great pleasure and overall team success, we would like to announce that ASEE in Macedonia has signed an agreement with Al-Saqi from Baghdad, Iraq, for the implementation of proprietary AML solution. The solution aims to prevent illicit activities, with a broad range of money laundering scenarios. Al-Saqi is an operator in Iraq for […]
