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January 15, 2006

Mongolia’s Golomt Bank deploys card management system

In pursuing its goal of business expansion, and in expectation of an increased customer base, Mongolia's Golomt Bank has implemented System Access's CardPro V5 suite of consumer and commercial card management and payment solutions.

By CBR Staff Writer

According to Systems Access, CardPro is a secure, tested, complete card and payment processing solution. The software vendor explained that CardPro runs on an open platform and is possibly the most technologically advanced of its class.

Systems Access says the solution’s customer centric design provides flexibility in offering a wide variety of card products to cater to different segments of the market.

CardPro is said to have a strong competitive advantage through its proven track record in supporting a wide range of international payment associations’ standards such as Visa, MasterCard, Diners, American Express and JCB. It also boasts compliance with various local government regulations and standards.

Director of Golomt Bank of Mongolia’s card center Enkhtuvshin Sodnomtseren said, CardPro V5 is truly a powerful application. From issuing about 200,000 cards, we’re now able to expand our business to cater to a wider market. This will contribute to a more profitable venture for our bank.

The installation at Golomt Bank is deployed on Sun’s Solaris operating system and uses an Oracle database to maintain customers’ information.

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