Cambodia's ACLEDA Bank upgrades to ECS' services

Pune based ElectraCard Services (ECS), a provider of software and processing solutions for electronic payment systems has announced that Cambodia's commercial bank ACLEDA Bank has upgraded to the electra iTx series, the latest version of the electra payment suite.

ECS assists ACLEDA Bank in their strategy to connect with the unbanked across Cambodia by enabling safe, secure and convenient transactions. The Bank anticipates their customer acquisition to double over the next five years, adding to their existing one million account holders.

"We have been conducting business on the electra platform for the last six years and we continue to acknowledge the benefits it brings to us. The electra iTx series is a world class product that is easily scalable and flexible. The Bank has hit the one million customers mark and we only see the number of customers expanding over the years to come. The ECS platform is built to easily cater to the current and growing needs of ACLEDA Bank Plc," said I N Channy, CEO, ACLEDA Bank.
 

Ramesh Mengawade, CEO, ElectraCard Services said, "This is a game changing technology and drastically reduces the time to market for integration and to roll out new services. Along with being the best-in-class, the electra products help improve efficiency and adapts itself to ensure maximum benefit and efficiency to our customers. I am confident that the upgrade to the iTx series product suite will further empower ACLEDA to achieve their business goals."