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Background
To expand services, the bank introduced merchant acquiring as part of its strategic growth. The project had to align with regional reliance on traditional technologies without remote systems or smart terminals. Before this, the bank had no acquiring infrastructure.
Tasks
- Building a robust acquiringinfrastructure from scratch and integrating acquiring services into a universalbanking offering
- Expanding the client base bydiversifying and enhancing service offerings
- Delivering a reliable, scalableinfrastructure for secure and efficient transaction processing
Business Impact
Significant Profit Contribution
The launch of acquiring services contributed to over 15% of the bank’s total annual profit.
Unified System Cost Savings
A unified system reduced expenses associated with managing the terminal network.
Market Leadership in Innovation
Strengthened market leadership as an innovative financial institution in the region.
Enhanced Client Trust
Boosted trust among corporate and private clients through a high-quality acquiring infrastructure.
Rapid Terminal Network Expansion
Successfully installed 2,000 terminals within the first year.
Growth in Client Base and Transactions
Achieved 18% growth in the legal entity client base through acquiring services along with a 25% increase in the total number of transactions in the region.
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