Bank Saderat Iran contracts TPS for its ATM and Debit card program in Oman

Bank Saderat Iran, one of the largest privately owned bank in the region operating 3248 branches, has selected Phoenix to manage its complete ATM and debit card program in Oman. TPS has been selected by BSI through its reseller, Al Madina, a leading provider of magstripe card personalization services to major banks in the country.

At BSI Oman, TPS will serve as a one window solution provider for its hardware, software, ATM, consultancy as well as project management needs. Phoenix was selected as the ATM switch and alternate distribution manager among the other world-class solutions in the market because of its flexibility, scalability, and reputation in the Omani market. Phoenix has already been successfully running in HBL Oman and its flexibility and success in Oman sets an example for many other banks.

Phoenix will work as a unified ATM controller and a debit card switch. The implementation of Phoenix will provide a robust and flexible platform enabling the bank to add various value-added services through ATMs and other alternate delivery channels, while maintaining a single interface to their back-end and core banking systems.