Tinkoff Credit Systems believes that Tsys Card Tech’s Prime 3.0 solution offered the necessary flexibility and ease-of-use, backed by speed-to-market capabilities, to help achieve the bank’s aggressive plans to expand its portfolio with highly differentiated card product offerings, while also minimizing its transactions-per-card process costs.

With processing capabilities benchmarked at up to 10 million cards per day, Tinkoff Credit Systems’s Prime will be deployed in conjunction with Tsys Card Tech’s authorization system to achieve secure, high-volume transaction processing.

We chose Tsys Card Tech’s Prime because we were looking for a customizable solution, which will combine fast time-to-market for new products along with sufficient scalability to support five to 10 million cards in the future, said Oliver Hughes, president of Tinkoff Credit Systems.

We plan to become the most technologically advanced and nimble player in the consumer lending industry in Russia. Within a year we expect to be among the top-three card issuers. We believe Tsys Card Tech’s solution is the right element in our IT platform to enable our fast growth, added Mr Hughes.