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 »

Modern Solutions at ATM Security 2015 Conference

In mid-October London for the 15th time hosted the ATM Security 2015 conference which is one of the world's most significant events. The event was organized by ATM Industry Association (ATMIA) and Retail Banking Research (RBR) consulting firm. more »

The 7th International PLUS Forum Will Focus On Topical Issues of Banking Technologies

This October 22-23 Moscow will host the 7th International PLUS Forum "Cash Circulation + Self-service. Banking and Retail 2015". Since 2000 the forum is organized by "PLUS" and "Retail & Loyalty" magazines. more »

PayTaxi payment and loyalty solution for taxi cars

ASHBURN International, UAB, (ASHBURN) has adapted the usual payment card technology for taxi companies and developed a PayTaxi payment and loyalty solution. In early September, it was launched with A2B taxi cars of Amber Vilnius, UAB. more »

ATM Security 2015 London Conference

For the 15th year in turn the ATM security experts are invited to ATM Security event. This year it is held October 13-14 in London. more »

IBC 2015: from up-to-date video cameras to virtual reality

In the middle of September, Amsterdam hosted the 48th international electronic media and entertainment industry exhibition-conference IBC 2015. When opening the event, Michael Crimp, President of IBC, emphasized that the electronic media sector is rapidly changing and is no longer the way it was five years ago. more »

ASHBURN Company Enters the Turkmenistan Market

ASHBURN International (ASHBURN), a member of Penki Kontinentai Group and a company successfully operating in the Lithuanian and foreign markets in the field of payment cards, loyalty solutions and e-commerce, has started cooperation with Dayhan Bank, the State Commercial Bank of Turkmenistan. more »

Possibilities of cooperation with Giesecke & Devrient discussed

In the beginning of July of this year, representatives of the Lithuanian company Penkių kontinentų bankinės technologijos (BS/2) to Germany shared their experiences and discussed cooperation plans with Giesecke & Devrient that has a long tradition of banking technology development. more »

Penkių Kontinentų Komunikacijų Centras: Official Distributor of Products by ARRIS

On July 1st, this year, Penkių Kontinentų Komunikacijų Centras, UAB was granted a status of the official distributor of products of ARRIS Group, Inc. (ARRIS), a company developing telecommunication technologies. more »

The interview with President and CEO of Wincor Nixdorf E. Heidloff published in Börsen-Zeitung

We bring the interview with President and CEO of Wincor Nixdorf Eckard Heidloff published in Börsen-Zeitung June 12, 2015 to your attention. more »

A Statement from Wincor Nixdorf

The German newspaper Frankfurter Allgemeine Zeitung reported today, June 10, that Diebold is in talks with Wincor Nixdorf about acquiring the company. The newspaper cited sources with knowledge of the negotiations. more »