TPS Certifies UBL for EMV with NAPS in Qatar

TPS is proud to announce that amongst the TPS Phoenix customers, UBL Qatar is the third bank in Qatar, and the first Pakistani Bank abroad, that has successfully gone live with EMV Acquiring. With this launch, TPS becomes the first e-Banking and e-Payments solution provider in Pakistan to offer EMV compliant solutions. This indeed is a quantum leap for TPS products and solutions in the modern era of e-Banking and e-Payments. TPS takes great pride in announcing that financial transactions using smart cards is now a reality as EMV migration is set in motion by TPS technologies.

The adaptation of EMV acquiring has enabled UBL Qatar to achieve benefits such as improved risk and fraud management, enhanced cardholder verification, reduced online authorization costs, cardholder acquisition and retention programs, increased volume of transactions and etc. At the same time, Phoenix EMV has set a foundation for an end-to-end EMV issuing, acquiring, and personalizing, transaction infrastructure that will lead to generating new ways of product differentiation and revenues.

Sentinel is a turnkey solution for EMV personalization. It adheres to stringent EMV standards ensuring fraud prevention and provides a payback to bank’s investment. It’s a simple and an easy to manage solution that provides a framework for the issuance of EMV compliant chip cards. Sentinel is capable of handling multiple card schemes and applications and therefore can also be used to provide bureau services. It provides complete card life cycle management from the import of the customer, card and other application related details, management of cryptographic data, data preparation to personalization and reporting.

TPS products and solutions are ready as the market approaches towards EMV migration. Our solutions provide easy to implement EMV that can enable banks to issue smart cards with minimum impact on their existing systems.