BAGHDAD, REPUBLIC OF IRAQ – November 8, 2021
Infotec Systems was chosen as the technology partner by Areeba Iraq for Information Technology and Electronic Payment for the supply, installation and implementation of one of the latest high volume EMV payment cards issuing systems as Areeba announced the opening of its new advanced payment card personalization center in Baghdad, Iraq. This center has the highest levels of security for plastic and metal cards personalization and will provide banks with a wide range of perso technologies including dual interface cards and laser engraving for metal cards, in addition to a fast and high-quality service regardless of the volume of orders. The opening of this center demonstrates the company’s ability to provide the necessary competitive advantage to its customers in Iraq and the region, making Areeba one of the leading companies in Iraq that has these specifications in one personalization center fully compliant with card security standards PCI.
The personalization center was supplied with the Matica S7000 LX system by Infotec Systems, which has been the preferred partner for Matica Fintech in the Levant region for the past 20 years. Infotec systems has proven the ability to implement and provide professional tech support services for EMV card perso systems (Hardware and Software) for leading banks and certified card issuing third party processors in Iraq, Jordan and Lebanon.
The Matica S7000 LX system is coupled with the NBS PersoMaster secure central EMV card issuing software which will allow areeba to personalize financial contact and contactless EMV cards using thermal direct-to-card printing, embossing, indent and laser engraving in line with auto card mailing and envelope inserting at a production speed over 1,000cph making areeba the first in Iraq to have such capacity in one fully PCI compliant secure environment.
Commenting on the agreement, Issam Adra, General Manager of areeba Iraq, said: “areeba is committed to the Iraqi market through investing in the most advanced and secure card issuing systems in order to provide high quality personalization services and low turnaround time for card delivery to our clients. Infotec Systems have proven once again that they can be trusted to implement such projects due to their experienced and professional team.”
Commenting on this agreement, Mohamad Al Oweini, General Manager of Infotec Systems said: “We are proud to further strengthen our relationship with areeba in their regional expansion. At this point we are pleased of our continuous growth to become the leading provider of EMV card personalization systems and solutions in Iraq having implemented so far 7 issuing banks and third-party payment service providers.”
About Areeba Iraq
Areeba Iraq Company for Information Technology and Electronic Payments is a company licensed by the Central Bank of Iraq since 7/7/2020 as an issuer, acquirer and processor. It also holds a license from Visa and MasterCard for issuing services and merchant acquiring. The company relies on the latest electronic payment technologies and provides solutions and services to banks, governments and merchants in line their aspirations and need for the Iraqi market. Areeba also provides consulting services for planning, designing and launching electronic payment products and digital payment solutions. Areeba Iraq is a private company affiliated to Areeba group of companies located in Lebanon, Jordan, Qatar and Egypt.