Ashburn International: 240 Million Transactions for 12 Billion LTL

Published: 24 January 2011 y., Monday

Ashburn International, the company introducing payment and loyalty card solutions, continues to successfully expand its activities, and implements new projects. The company, which was founded in 1998 and belongs to Penki kontinentai group of companies, has been established in the market by developing the electronic trading system of prepayment for mobile connection.

“We were the first ones, who have offered the mobile connection users the possibility to replenish their accounts at supermarkets. Later, we launched projects on payment card authorization and loyalty programs. Last year we introduced the universal payment and loyalty program PayLo, and made investment of 3 million LTL in update of equipment of the retailers’ network in order to meet all SEPA (Single Euro Payments Area) requirements”, said Rolandas Budriūnas, the CEO of Ashburn International.

Since its establishment, the Company has authorized over 240 million payment and loyalty card transactions, totalling 12 billion LTL. The collection of the receipts confirming the performed operations would reach an 18 thousand-kilometre tape, which is one third of the circumference of the earth.

Ashburn International is one of the first companies in Lithuania that meets the PCI DSS (Payment Card Industry Data Security Standard) international security standards, which are applied to the companies processing payment card data, and means that the company’s organisational structure, its software, hardware, and architecture of the used networks ensures the maximum data security of payment card holders.

Ashburn International clients include  Omnitel, Bitė Lietuva, and Tele2 mobile operators; SEB, Snoras, Citadelė, DnB NORD banks; Iki, Šilas, Senukai, Žemaitijos prekyba, Topo centras supermarket networks; Statoil Lietuva, PKN Orlen gas stations; networks of Gintarinė vaistinė pharmacies, DELANO restaurants and many others. The company collaborates with global companies such as Cisco Systems, Bull, Microsoft, HP, Ingenico, etc.

Šaltinis: penki.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Ashburn International is Issued with a Limited Operation Licence of a Payment Institution

On the 27th of April 2011, the Board of the Bank of Lithuania has issued a limited operation license of a payment institution to Ashburn International Company, which enables to provide the money remittance services. more »

BasisBank improves ATM Cash Planning with Cash Management.iQ

Georgian BasisBank has implemented the cash flow management and forecasting software Cash Management.iQ. One of the benefits of cash management software is decreased operational costs associated with the ATM network. Cash professionals of the bank are equipped with real-time cash monitoring tools to manage the amount of CIT visits as well as cash inventory and ATM availability KPIs. more »

Penki and 5 facts about television

World Television Day is celebrated around the world on 21 November. We are glad to contribute to the development of television in Lithuania. In 2006, we were the first in the country to offer PENKI IPTV services. more »

Amid Pandemic, Internet Traffic Breaks Records

The coronavirus closed more than half of humanity at home in the spring. Today, it attacks again. Coronavirus affects Internet traffic. It has grown by a third, said the Internet provider Penki. more »

Hindsight: From Ritty's Incorruptible Cashier to Self-Checkout

November 4, 1879, is the birthday of the cash register. Today it is impossible to imagine modern trade without the use of cash registers. They are everywhere: in shops, cafes, and post offices. Who came up with the idea to keep track of cash using the cash register? more »

Vynamic Marketing. How to attract new customers and personalize ads using ATMs

Restrictive measures related to the spread of the COVID-19 pandemic have changed the way banks serve their customers. ATMs and other terminal devices have become a real alternative to traditional service in bank branches. more »

Fiber-Optic Internet Penki Will Celebrate its 22nd Birthday

In Lithuania, the era of fiber-optic Internet began on October 28, 1998, when Penkių kontinentų komunikacijų centras, a member of the Penki Kontinentai Group, for the first time in Lithuania offered its customers the fastest fiber-optic Internet. So this day, we will celebrate the birthday of the Penki network, but also the fiber-optic Internet in Lithuania! more »

COVID-19 Has Been Diagnosed To Five Employees of BS/2

Five COVID-19 cases have been identified in Penkių kontinentų bankinės technologijos, a company belonging to the Penki Kontinentai Group. more »

Digital Payments Accelerated with Covid-19 Pandemic

Payment cards, electronic payments, and online services have become a reality not only in financial but also in social, utilities, and other spheres. Many countries strive for a new reality in which there are no coins or bills. Swedish churches already accept donations electronically, and China has more than five bankcards per person. Various factors affect the speed of the cash refusal: the emergence of new convenient and safe solutions, the development of innovative technologies, and even such extraordinary circumstances as the COVID-19 pandemic. more »

Traditional Victory of SEB at the BFI Cup Tournament

The tennis tournament, which took place in the Vilnius sports complex SEB Arena on October 10-11, was traditionally held with the support of Penkių kontinentų bankinės technologijos (BS/2), owned by Penki Kontinentai. more »

The World Invests in Cryptocurrency ATMs: What's New?

The total number of devices worldwide has already exceeded 10,000 according to the Coin ATM Radar. The first Bitcoin ATM was installed seven years ago in Vancouver. As stated by the Norwegian financial company AksjeBloggen, the number of crypto ATMs grew by 167 percent over the year. more »