Pranav Birje | Senior Correspondent
Mumbai, July 29, 2024 – AGS Transact Technologies Limited (BSE: 543451 & NSE: AGSTRA), one of the leading providers of integrated omni-channel payment solutions in India, in terms of providing digital and cash-based solutions to banks and corporate clients, today announced a significant upgrade to its Data Centre in Navi Mumbai. This strategic enhancement is a key component of the company’s state-of-the-art payments-tech infrastructure which is designed to help company drive superior operational efficiency across both cash and digital payments business segments.
AGS Transact Technologies’ upgraded Data Centre offers a world class infrastructure, distinguishing the company in Indian payments market. It features best-in-class managed services for digital payments and fraud prevention, and a scalable infrastructure that supports the company’s expanding ATM and Digital business. The Data Centre is equipped to handle nearly three times (3X) the capacity of recent and upcoming key contracts.
The services offered by AGS Transact through its current processing unit include omni-channels like ATM, POS, Internet, Kiosk, IVR and more. Furthermore, it is Form Factor agnostic, covering Cardless, Contactless, Chip-based, NCMC, Wallet, QR, Magstripe and other transaction processing services. The current Data Centre infrastructure supports products from MasterCard, Rupay, VISA, American Express, Discover, JCB amongst others and is being used by over 50 banks in the country, processing over 1 billion transactions yearly from 250K different channels.
AGS Transact Technologies’ Transaction Processing Centre which includes the Data centre is spread across six floors with a work-force capacity of 650 personnel. It offers round-the-clock transaction processing and monitoring services providing global best managed services functionalities at minimal Capex investment to the customers. This enables the company to provide customised solutions/services across Retail, Transit, Fuel, Banking and other sectors seeking payment expertise. AGS Transact Technologies’ Data centre is compliant with the RBI, PCI and Network guidelines, and follows industry-best best practices ensuring secure, personalised and seamless services. AGS Transact Technologies Limited processed 625 million switching transactions in FY24. As of June 30, 2024, the company has a total installed base of 73,034 ATMs/CRMs and 248,834 payment terminals deployed across India.
AGS Transact Technologies Limited Strengthens its Data Centre at Navi Mumbai for an Enhanced Operational Efficiency
