Ecobank, a top pan-African banking group, has deployed the latest version of the TSYS PRIME payments solution platform, PRIME 4, to support its acquirer processing of MasterCard, Visa and UnionPay International point-of-sale (POS) transactions across 28 countries in Middle Africa.
Ecobank has a major presence in Africa with more than 1,100 branches servicing over 10 million customers in 34 countries, making it one of the largest providers of financial products and services on the continent. With a mission to advance Africa’s economic and financial integration, Ecobank sought a proven acquiring solution to further improve its merchant services.
PRIME is a web-based, flexible and scalable solution optimized for extensive interoperability and highly parameterized, with built-in support for multiple languages and currencies, to enable exceptional versatility in meeting diverse banking requirements. It offers an integrated solution across the entire payments value chain, from issuing to acquiring, as well as the regulatory, compliance and value-added services crucial to those managing merchant portfolios.
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