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Fime and ITC PLC bring local EMV® L3 payment terminal testing to Bangladesh.

May 29, 2024

Fime and ITC PLC bring local EMV® L3 payment terminal testing to Bangladesh.

Fime has partnered with Bangladesh-based technical service provider ITC PLC to deliver local EMV®* Level 3 test services. This supports the nation’s expanding digital payments ecosystem. Stakeholders can now validate and integrate their payment terminals locally, reducing time to market and costs.

As a leader in Bangladesh’s financial services ecosystem, ITC PLC needed a trusted partner to enhance local certification services. Fime’s global expertise, coupled with its local experience supporting Bangladesh’s domestic payment scheme, made it the ideal choice as we look to deliver state-of-the-art payments infrastructure.

Osman Haider
Business Director at ITC PLC
Fime is extremely happy to partner with ITC PLC, a well renowned financial services provider to both the central and member banks in Bangladesh. Together, we will provide best in class products and services to the financial ecosystem including our Savvi Test Platform and Smartspy+ tools, helping us play a role in the growth of the domestic scheme in the country.

Deakin Daney
Sales Director - India & South Asia at Fime 

Banks, issuers and acquirers can now access local L3 consulting, certification, card and mobile personalization validation (CPV), in addition to the requisite testing tools. 

Having helped launch the nation’s domestic card scheme in 2023, this announcement highlights Fime’s ongoing commitment to the growth in sovereign economic development in Bangladesh. The nation’s digital revolution is cementing its status as an emerging global economy, with innovative smart mobility, open banking and CBDC use cases being driven by its central bank. Local L3 testing will help local banks continue towards a stable, sovereign financial future. 

To learn more about Fime’s testing and certification services, visit our website.

*EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.

For further Fime media information, please contact:

Yash Raveendra at iseepr + 44 (0) 113 350 1922
Stéphanie Pietri at Fime.

About Fime
Fime enables its clients to create and launch trusted and secure solutions through its consulting and testing services in payments, smart mobility, and digital identity. It offers a global cross-industry perspective, local insights, and a unique heritage in testing and certification. Fime's consultants provide transformative business expertise, partnering with organizations worldwide to define, design, deliver, and test their products and services. 
With over 800 experts and employees around the world, Fime strategically works to help its clients turn ideas into reality, swiftly bring products to market, and achieve a competitive advantage. By working together, Fime transforms powerful innovations into the future of trusted transactions.

Making innovation possible. | Blog X | LinkedIn YouTube

About ITCL
ITC PLC is a TSP with Bangladesh Bank, and operates a payment switch for multiple member banks in Bangladesh. Fime is consulting to create a Domestic scheme for Bangladesh Bank. ITC PLC was the perfect partner to represent Fime locally, as they are ingrained in the financial ecosystem and are well connected with all member banks. They are in a great position to identify potential opportunities and support us in all aspects.  | Linkedin 

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