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 »

Cash Management.iQ and S&G’s A-Series ATM Locks. Manage CIT access to ATMs and other terminal devices

Automating the process of assigning tasks and providing relevant access to CIT personnel is one of the most useful ways in increasing the overall efficiency of the cash flow process. BS/2 was able to implement these features into it’s Cash Management.iQ system while finalizing the main phase of the integration process of the Cash Management.iQ platform with the A-Series access control solution from Sargent&Greenleaf. more »

TransLink.iQ and Ingenico terminals for Azer Turk Bank

The Azerbaijani state-owned bank Azer Turk Bank has purchased a TransLink.iQ solution for EFTPOS networks monitoring and managing, developed by ASHBURN International. The company also provided the bank with the country's first payment terminals manufactured by Ingenico. more »

BS/2 Provides a Full Maintenance Service On Banking Equipment Even During Quarantine

Due to the rapid global coronavirus disease spread, the WHO announced the COVID-19 outbreak a pandemic on March 11. Most countries have introduced quarantine and recommended their citizens to isolate themselves from social contact. Schools, kindergartens, shops, cafes, restaurants and other public gathering places were closed. Many companies let their employees work from home. more »

Remote Cash Capture. New opportunities during the COVID-19 pandemic

The demand for solutions helping to increase the autonomy of banks and retail chains work will go up. This opinion was expressed by the head of "Infoline-Analytics" Mikhail Burmistrov in the Kommersant.ru article "Networks distance themselves from collectors". This also applies to remote cash capture solutions. more »

Penki Kontinentai Supports Social Initiatives during the COVID-19 Pandemic

Penki Kontinentai expresses gratitude to all socially responsible citizens, volunteers, and business representatives, who help physicians, the elderly and other vulnerable groups during the COVID-19 coronavirus pandemic. The Group of companies, in turn, allocated 50 thousand euros to support public organizations in Lithuania. more »

Penki offers 16 free TV channels

Fiber-optic network Penki has expanded its list of free TV channels to diversify the leisure time of its customers during the quarantine period. more »

Do Employees Work From Home? Review Company's Information Security Policy

Due to the introduction of quarantine in Lithuania because of the threat of the COVID-19 spread, the government recommended companies to move employees to remote mode. Work from home has many advantages, but at the same time raises many questions, especially in the field of information security. more »

Penki Kontinentai Group Transitions to Remote Work

Following the decision of the Lithuanian government on a two-week nationwide quarantine due to the spread of COVID-19, the Penki Kontinentai Group transitions some areas of its activities to the remote format. more »

TransLink.iQ - The Object of a New Study by Takhmasib Dadashev

The software solution for monitoring and managing EFTPOS-terminal networks TransLink.iQ will be the subject of a new study by Takhmasib Dadashev. more »