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TEKchand Expands International Presence by Signing Ukrainian Processing Center as Latest European Customer

Agreement Further Enhances TEKchand’s Global Reach

CHICAGO--(BUSINESS WIRE)-- TEKchand, LLC, (http://www.tekchand.com), a leading supplier of server side, web based software applications for ATM channel management, today has announced a long-term agreement with Ukrainian Processing Center (UPC), an Eastern European transaction processor headquartered in Kiev, Ukraine, for its ATMLive Manager Platform – a comprehensive application suite for ATM marketing and remote device management that is hardware and software independent.

“We are excited by the possibilities our new partnership with TEKchand brings to the table,” said Andrey Berezyuk, UPC’s Business Development Director. “We were looking for an international software company that is a proven expert in providing applications for the ATM industry and who understands the specific needs of transaction processors and their clients, and we found an ideal match with TEKchand.”

With the signing of this agreement, TEKchand has added to its global presence, which includes both financial institutions and transaction processing companies, and further expands its product implementation and operations across Europe and the Asian Pacific Rim.

“UPC’s core competency in ATM outsourcing and transaction processing has firmly established itself as a leader in the Ukrainian marketplace while expanding its presence across Eastern Europe,” said Bahri. “Similarly, TEKchand is well positioned to enable clients on an international scale with ATMLive Manager in production in India, Hungary, Poland and shortly, UAE and Africa. The international market is ripe for this type of leading-edge managed service for the ATM channel."

Under the terms of the agreement UPC will license TEKchand’s flagship application ATMContent Manager, a multi-vendor solution which will enable UPC’s financial institution clients to manage multi-media marketing content on ATM screens and receipts for their entire ATM portfolio through a single user-friendly interface.

About TEKchand, LLC

TEKchand has been a leading supplier of marketing and management software applications designed specifically for the ATM channel since 1999. TEKchand’s ATMLive Manager client-server based platform delivers easy-to-use, web-based product solutions for dynamic content management and distribution, targeted marketing, personalization, and remote management capabilities for multi-vendor ATM networks.

TEKchand is headquartered in Chicago, Illinois, with international offices in Toronto, Canada and Delhi, India. For more information, please visit http://www.tekchand.com, call 1-888-512-0462, or email, sales@tekchand.com.

About Ukrainian Processing Center (UPC)

UPC is the leader in Ukrainian processing and outsourcing since 1997. UPC processes card transactions, provides ATM support and develops payment solutions for banks and today processes more than 10 million payment cards, almost 60,000 POS terminals and over 8,600 ATMs. UPC has the status of a MSP and Visa Net Processor in the international payment systems MasterCard and Visa. Currently, UPC services over 60 banks in Ukraine and Eastern Europe. For further information, visit https://upc.ua/en.htm.

For more information or to schedule an interview with a TEKchand company representative, please contact Don Jarecki at (847) 374-8840, or e-mail djarecki@tekchand.com.

TEKchand, LLC
Don Jarecki, (847) 374-8840
djarecki@tekchand.com

Source: TEKchand, LLC