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GPS a major player in card payment, POS solutions

March 10, 2014
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MANAMA: Bahrain-based Global Payment Services Company (GPS), is one of the leading 3rd party processing companies specialized in outsourcing electronic payment services in the Middle East and North Africa, claims over 50% in card payments and 30% in ATM segments.

Ali Arab General Manager, GPS Bahrain, on the sidelines of receiving PCI-DSS certification at company’s offices, told The24X7News (www.twentyfoursevennews.com) that company would continue as a dominant player in its line of business, thanks to growing market of plastic money and ATM network in the Kingdom.

GPS is owned 50% by Credimax and 25% each by Bahrain Islamic Bank and HPS started its operations about 15 years back.

GPS Provides comprehensive and integrated processing services related to electronic payments to banks and financial Institutions like: Credit & Debit Card Issuing, Merchant Acquiring, ATM & POS Driving, National and International Switching, EMV Card Personalization, Customer corresponds Management. GPS is accredited by Visa, MasterCard, JCB and PCI-DSS to serve Issuing and Acquiring banks and financial institutions.

“I am very pleased to announce that Global Payment Services – GPS has been accredited and certified again for the PCI DSS compliance,” Ali added.

“PCI DSS is a globally accepted security standard adopted in the payment card industry to secure sensitive cardholder information during transmission and storage. PCI DSS audit is an annual process, which is very important aspect of our business to ensure that we meet the compliance and protecting of our systems and clients’ information in accordance with latest internationally accepted security standards. We have been working with SISA for the past three years, which has been a wonderful and very beneficial experience in providing the highest level of security compliance.”

“I take pleasure to congratulate Global Payment Services team on achieving PCI DSS Compliance, one of the most stringent security standards in the world. The industry-wide standard aims to increase protection for customers against card fraud by limiting exposure of secure data for both online and offline transactions. I would like to appreciate the commitment that GPS has shown to security throughout our partnership for the past three years. I am glad that SISA’s “security first” approach is helping GPS in their business like many other global customers of SISA,” Dharshan Shanthamurthy SISA CEO, said.

Tags: GPS Bahrain
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