LONDON, Aug. 3, 2015 (GLOBE NEWSWIRE) -- Proxama, PLC, a leading provider of digital payment solutions for card issuing banks and processors, is proud to announce that it has been contracted by Diners Club SA – the Diners Club franchise in South Africa, which is owned and operated by Standard Bank of South Africa – to supply its full range of EMV Migration solutions for EMV issuing, transaction processing and PIN management for their card products. Diners Club South Africa serves the needs of corporate and affluent consumer customers and is recognized as one of the leading franchises globally.
Proxama will supply its Payment Application Manager, an advanced smart card issuing and lifecycle management system, EMV Transaction Manager, a fully-featured EMV authorisation and scripting engine, and Proxama PIN Manager, a PIN and digital credential management system that also supports electronic PIN distribution. These solutions empower Diners Club SA with the latest smart card issuing, transaction processing and credential management capability available, and provide Diners Club SA with a roadmap to mobile payments via Proxama's Digital Enablement Platform (DEP), an end-to-end cloud-based mobile provisioning, management and processing solution.
"Proxama are delighted to announce this partnership with Diners Club SA," said Patrick Regester, EVP for Strategic Accounts and Partnerships of Proxama's Digital Payments Division. "As with all our clients, we expect this to be the start of a long and mutually beneficial relationship that will see Diners Club SA's card issuing operation acquire advanced capabilities such as ePIN distribution and mobile payment support."
Ebrahim Matthews, Managing Director of Diners Club South Africa added: "We needed an EMV migration solution that integrated into our existing platforms while allowing us to further enhance the functionality we provide our members over time. The Proxama solution fits perfectly into our environment and will allow us to transition to full EMV support with minimum disruption to our operation. We are looking forward to working with Proxama in the years ahead."
Proxama PLC (AIM:PROX) is an International mobile proximity commerce and payment solutions company.
Proxama provides end to end digital solutions to banks and card issuers to securely transition their card portfolio onto mobile for Near Field Communication (NFC) contactless payments as well as solutions for EMV enablement, Electronic PIN Delivery, tokenisation and card issuance management.
Proxama's award-winning mobile proximity marketing platform, TapPoint®, enables brands to connect physical and digital assets via mobile to increase consumer engagement, retail sales and loyalty across a network of high footfall locations.
About Diners Club SA
Diners Club South Africa is recognised as one of the top franchises in the world, wholly owned by Standard Bank. Diners Club International is owned by Discover Financial Services (NYSE:DFS), a direct banking and payment services company with one of the most recognised brands in US financial services. Established in 1950, Diners Club International became the first multipurpose charge card in the world, launching a financial revolution in how consumers and companies pay for products and services. Today, Diners Club is a globally recognised brand serving the payment needs of select and affluent consumers, offering access to nearly 500 airport lounges worldwide, and providing corporations and small business owners with a complete array of expense management solutions. Diners Club cards are accepted in more than 185 countries and territories at millions of merchant locations, and offer access to more than 1 million cash access locations and ATMs. Diners Club is uniquely qualified to serve its card members all over the world. For more information, visit www.dinersclub.co.za
CONTACT: Proxama Patrick Regester EVP Strategic Accounts and Partners +44 (0)78 0286 3616