Qatar’s largest bank deploys PRIME Perso for EMV Solution

Following successful certification for Visa Smart Debit Credit (VSDC) issuing, Qatar’s largest Islamic Bank, Qatar Islamic Bank (QIB), has announced the rollout of its first EMV Visa Electron debit card with the assistance of TSYS’ PRIME suite of solutions.

Having deployed the PRIME card management system since 2003, QIB added PRIME Perso, TSYS’ value-added personalisation system, to form an end-to-end solution for issuing EMV cards in-house.

The solution will also underpin QIB’s future operations to issue Visa Classic, Visa Platinum and Visa Gold credit cards later this year.

‘By leveraging PRIME’s modular architecture, we were able to swiftly implement PRIME Perso to form a single, integrated solution for our EMV chip card launch,’ said Abdul Latif Al Meer, general manager of retail at Qatar Islamic Bank. ‘We are now in a position to benefit from all the economic and operational advantages relating to one solution, one vendor.’

‘We pride ourselves in delivering added-value solutions on time and within budget, and our most recent project with QIB attests to this,’ said Jaffar Agha-Jaffar, managing director, TSYS MEA. ‘PRIME Perso enables QIB to issue chip cards from its branches, thereby increasing both operational efficiency and security to its customers.’

PRIME Perso operates in conjunction with PRIME Issuer and is compliant with VSDC and MasterCard M/Chip. Its capabilities include all aspects of personalisation, including managing and processing enriched cardholder data, to final card production and embossing.

Tags: Finance

This entry was posted on Monday, September 8th, 2008 at 3:19 pm and is filed under Product Launch. Stay updated with the latest advertising, media, marketing and PR news from the Middle East through the RSS 2.0 feed!