Last updated on April 23, 2014 at 21:24 EDT

PT. Collega and ElectraCard Services Enter into 10 Year Multi-Million Dollar Payment Technology Modernization Agreement

September 17, 2013

ECS to drive network of 5000 ATMs for more than 20 Banks

PUNE, India, September 17, 2013 /PRNewswire/ –

ElectraCard Services [http://www.electracard.com ] (ECS), a global provider of
software and processing solutions for enterprise payment systems, announced a 10-year,
multi-million dollar agreement with PT. Collega Inti Pratama [http://www.collega.co.id ]
(Collega), a leading banking technology services provider in Indonesia. PT. Collega has
selected ECS to replace their legacy payment processing systems with ECS’ PA-DSS compliant
electra solution suite.

PT. Collega offers ATM driving, inter-bank and network switching and card processing
services for banks across Indonesia. Collega has initiated its technology modernization
effort to facilitate an advanced services offering to its member banks. The ECS platform
will help PT. Collega scale to drive 5000 ATMs and process 10 million cards for 20+ banks
and enable Collega to provide Value Added Services including remittances, bill payments,
mobile top-ups, ticket bookings, Haj payments and teller initiated payment transactions.
PT. Collega also plans to launch new services like contactless payments, e-commerce and
m-commerce acquiring, Islamic and conventional credit cards, financial inclusion and
loyalty solutions.

Mr. Afrizel Aziz, President Director, PT Collega said, “Given our ambitious growth
plans, we wanted to upgrade our payments infrastructure to a more scalable and robust
platform. As such, we wanted a stable solutions partner with a strong track record in
proven reliability, ease of integration and volume scalability. ECS’s impressive solution
stack with a very high demonstrated performance benchmark, their singular focus on the
payments domain and a long-term vision made them the ideal choice for this partnership.”

Mr. Ramesh Mengawade, CEO, ElectraCard Services said, “Indonesia is a mature and
extremely competitive payments market. We are confident the electra suite will enable PT
Collega to introduce innovative, market-leading solutions at competitive price points to
further increase its market share.”

About Collega

PT. Collega Inti Pratama provides Switching, Card management, Core banking, Loan
Origination, Trade Finance, Risk management, Treasury, Cash Management, Asset and
Inventory Management solutions and services to banks in Indonesia For more information,
please visit: http://www.collega.co.id

About ElectraCard Services

ElectraCard Services [http://www.electracard.com ], a subsidiary of Opus Software
Solutions, is a leading provider of software solutions and processing services for
electronic cards and payment systems across the globe. ElectraCard Services facilitates
banks and financial institutions, retailers, exchange houses and telcos to electronically
process, in real-time, card transactions, online transactions, mobile payments and
services, and contactless payments. ECS is a PCI-DSS
[https://www.pcisecuritystandards.org/security_standards ] certified Third Party Processor
(TPP) for MasterCard(R) and VISA(R) across the issuing and acquiring space.

http://www.electracard.com | http://www.opussoft.com

(R)MasterCard is a registered trademark of MasterCard International, Incorporated.

(R)VISA is a registered trademark of VISA International Service Association.

For more details on this release, please contact:

        Media Contacts

        Rukuma Viegas
        ElectraCard Services
        T: +91-20-309-25100

        Mona Pandit / Bhawna Mishra
        Ketchum Sampark PR
        M: +91-98600-82449 / +91-97674-31047

SOURCE ElectraCard Services

Source: PR Newswire