Newsroom

SINNAD, a leading GCC third-party payment service provider based in Bahrain, has teamed up with trusted partner Compass Plus to enable its customer banks to offer consumers seamless and secure mobile payments through BenefitPay, the country’s national electronic wallet payment system. As part of the project, SINNAD successfully certified its processing centre, built on Compass Plus solutions, with the tokenisation service from Bahrain Electronic Network for Financial Transactions (BENEFIT).

As part of a major strategy to make the lives of both consumers and merchants easier in Bangladesh, City Bank has launched the country’s first interoperable QR code payments solution in collaboration with Compass Plus. The new solution brings together four key international payments networks –American Express, Visa, Mastercard and UnionPay - in one QR code.

As part of its long-term business strategy to provide solutions for customers of all sizes, from established tier 1 financial institutions to small Fintech enterprises, Compass Plus has added support for Oracle Standard Edition to its cloud-native open development payments platform, TranzAxis.

On 5 September 2020, eCam Solution, a leading system integration company in Cambodia and regional partner of Compass Plus, hosted a roundtable event to discuss the ‘Industry impact and payment trends beyond COVID-19’ in Siem Reap, Cambodia.

Compass Plus is proud to have been shortlisted in two categories in the 8th annual Payments Awards – Payments Innovation Award and Best Mobile Payments Solution.

MYHSM, the global provider of cloud-based Payment Hardware Security Modules (HSM) as a Service today announces its partnership with Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions. Together, the companies are enabling payment providers to deploy Cloud-based infrastructure that aids growth, innovation, and success.

To enable its customers to fully take their cloud strategies to the next level, Compass Plus has supported Amazon Relational Database Service (RDS) in its cloud-native open development payments platform, TranzAxis.

Compass Plus has announced that it has teamed up with AWS to utilise the latest advancements of cloud-based deployment. The vendor of payments software and payments processing services has been enabling cloud deployments since 2014 for its customers, with many of them already making the move to the virtual arena, and is now utilising the benefits for its own processing centre.

Since issuing the first Visa card 15 years ago using solutions provided by trusted partner Compass Plus, Techcombank, one of the top commercial joint stock banks in Vietnam, has become the country’s market leader for Visa payments volume and has received numerous prestigious awards from the international payment network.

Arab Bank has recently introduced the contactless (NFC) technology across a wide group of its ATMs in Jordan, allowing ATM users to conduct cardless transactions easily, safely and conveniently. The launch of contactless technology comes in line with the bank’s continuous efforts to reinforce its comprehensive digital banking services, and provide its customers with innovative banking solutions that save their time and effort. The Arab Bank ATM network functions using Compass Plus software.