Tashkent, Uzbekistan (UzDaily.com) -- ASHBURN International, which specializes in solutions for management and monitoring of networks of POS-terminals, has signed a long-term strategic partnership agreement with the Single Republican Processing Center of Uzbekistan (SRPCU).

Within the framework of the signed agreement, which will be valid for at least 10 years, ASHBURN International will provide software, developed by TransLink.iQ, adapted for the Uzbek market.

An agreement was also reached on supply of new payment terminals and the sale of more than 250,000 licenses for POC terminals administered by SRPCU, which belong to 28 banks in Uzbekistan.

The single processing center predicts that within a few years more than 50,000 POS terminals will be connected to the TransLink.iQ platform.

The advantages of TransLink.iQ are not only compatibility with POS-terminals of various manufacturers, but also possibility of optimizing business expenses, software updates, real-time monitoring and remote management of the POS-terminals network.

The platform allows to automate the management of cryptographic keys, remotely fix and respond to possible failures of acquiring networks. TransLink.iQ solution is designed in accordance with the requirements of international payment systems, EMV and the highest PCI security standards, which guarantees reliable protection of cardholder data.

The center develops cooperation with international financial institutions and payment associations, global manufacturers of innovative banking equipment, in order to introduce the most advanced information technologies and electronic payment instruments to the market of Uzbekistan.