ghl systems penetrates new market in kenya - netaccess l 350
DESCRIPTION
Equity Bank was in search of a configuration to their payment infrastructure that could support their clients’ needs – specifically supermarket chain stores who want to accept Credit and Debit cards through online transactions. The netAccess L-350 takes advantage of the wireless and mobile services available in Kenya for conducting online transactions. It also allowed them to consolidate multiple terminals in one store location to one single gateway for processing. All of Ukwala Supermarket’s PIN pads, used for reading card data, connect to the L-350 over a TCP/IP connection and subsequently via GPRS over a private APN to the bank host for online processing – in mere seconds. The L-350’s set up was fast and easy, only requiring Equity Bank to point their PIN pads to the L-350s, thereby completing the network.Key features of the netAccess L-350 bulletMulti-channel Auto-Fallback Engine for continuous availability of uplinks bulletCost savings with GPRS wireless connectivity replacing fixed linesbulletWi-Fi connectivity/downlink optionalbulletIntelligent routing of data between interconnected local devicesbulletBuilt-in network redundancy with dual SIM slotsbulletReduces network and host resourcesbulletSupports up to 30 payment devicesbulletRemote configurationbulletSupports up to 30 payment devices at a timebulletPipe encryption to bank hostsbulletSupports OpenVPN and SSLbulletPCI-DSS readyTRANSCRIPT
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PRESS RELEASE
GHL Systems penetrates new market in Kenya
GHL Systems award-winning netAccess L-350 payment router deployed in Nairobi, Kenya.
KUALA LUMPUR, 23 December – GHL Systems has successfully deployed its award-winning line of netAccess L-series payment routers in Nairobi, Kenya. 100 units of netAccess L-350s were deployed by acquirer Equity Bank. The pilot site was installed throughout the Ukwala Supermarket chain in the second quarter of 2010. Equity Bank was in search of a configuration to their payment infrastructure that could support their clients’ needs – specifically supermarket chain stores who want to accept Credit and Debit cards through online transactions. The netAccess L-350 takes advantage of the wireless and mobile services available in Kenya for conducting online transactions. It also allowed them to consolidate multiple terminals in one store location to one single gateway for processing.
All of Ukwala Supermarket’s PIN pads, used for reading card data, connect to the L-350 over a TCP/IP connection and subsequently via GPRS over a private APN to the bank host for online processing – in mere seconds. The L-350’s set up was fast and easy, only requiring Equity Bank to point their PIN pads to the L-350s, thereby completing the network.
Equity Bank was particularly impressed with not just the speed of deployment but the speed of the whole migration process - and has expressed further interest in other GHL Systems’ products, specifically the netAccess L-200 for smaller merchants. There are already 10 deployed in various supermarkets across Nairobi. Due to the success of this installation, future deployments are to be expected from Kenya. In line with GHL’s credo to restructure payment infrastructure and operations for banks and businesses to become more adaptable with changing market conditions, GHL Systems has reinforced its relevance in the industry - remaining vital in the global market. Key features of the netAccess L-350
Multi-channel Auto-Fallback Engine for continuous availability of uplinks
Cost savings with GPRS wireless connectivity replacing fixed lines
Wi-Fi connectivity/downlink optional
Intelligent routing of data between interconnected local devices
Built-in network redundancy with dual SIM slots
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Reduces network and host resources
Supports up to 30 payment devices
Remote configuration
Supports up to 30 payment devices at a time
Pipe encryption to bank hosts
Supports OpenVPN and SSL
PCI-DSS ready
For more information, please contact:
Jason Phua Vice-President, Product Marketing & Strategic Alliances HP: +6012-398 6805 DID: +603-8998 3301 Email: [email protected] About GHL Systems GHL Systems Berhad (“GHL Systems”), listed on the Main Board of Bursa Malaysia (Kuala Lumpur Stock Exchange), is the Asia/Pacific region’s leading end-to-end payment services enabler that deploys world-class payment infrastructure, services and technology. GHL Systems’ complete portfolio of payment solutions include transaction routers and concentrators, terminal line encryption technologies, loyalty and online payment solutions, smartcard technologies, secure EDC networks and terminals to consulting services. By providing a broad range of services across the payment solutions spectrum, GHL Systems today deploys its products and services to multiple clients spread across various vertical segments in various countries all over the globe – not limited to banking and financial services institutions, telecommunications, transportation, retail and oil and gas. For more information on GHL Systems, visit www.ghl.com About Equity Bank Equity Bank commenced business on registration in 1984. It has evolved from a Building Society, a Microfinance Institution to now the all inclusive Nairobi Stock Exchange and Uganda Securities Exchange public listed Commercial Bank. With over 4.1 million accounts, accounting for over 52% of all bank accounts in Kenya, Equity Bank is the largest bank in the region in terms of customer base. The solidness of Equity Bank is underpinned by its shareholder's funds base of over Kshs 19 billion, making Equity Bank one of the most capitalized banks in the region. For more information on Equity Bank, visit www.equitybank.co.ke