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Banking automation solutions and QR Pay technology presented at Turkmentel-2024

18.11.2024 | 13:15 |
 Banking automation solutions and QR Pay technology presented at Turkmentel-2024

Turkmentel-2024 international exhibition and scientific conference was held at the Chamber of Commerce and Industry of Turkmenistan from 14 to 16 November. The stand of Colvir Software Solutions was also presented among the exhibitors of advanced technologies of IT-industry. Within the framework of demonstration of developments in the field of IT-technologies, communication equipment and communications, the company presented solutions for automation of banking, postal activity, e-government and QR Pay technology.

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The key attention of Turkmentel-2024 is focused on the issues of digitalization of Turkmenistan's economy. Colvir, an international provider of IT solutions for the financial industry, presented a number of modern opportunities for digital transformation of key sectors of the economy.

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Denis Yudin, Director of Business and Product Development Department of Colvir Software Solutions, stated:

— We suggest that banks develop remote banking services, enabling both individuals and businesses to perform banking operations, such as re-issuing a card or obtaining a loan, without visiting a bank. The project to integrate Turkmenistan Post into the banking ecosystem holds great potential. Postal automation and its participation in the banking system will greatly simplify citizens' access to both postal and financial services. Following global trends will help Turkmenistan to be a full participant in the global technological transformation and bring significant improvements to the process of providing services to the population.

Within the framework of the exhibition, Colvir's stand demonstrated QR Pay technology, a popular payment trend in Central Asian countries. The digital innovation has become widespread in the region due to its ease of use and incredible success in achieving user comfort.

Denis Yudin also added:

— QR Pay technology, which we demonstrated at the Turlmentel exhibition, represents the possible future of Turkmenistan's payment system, already available today. This technology allows for fast and transparent payments at any point where there is Internet: in a taxi, in a supermarket, in a café, remotely from home. All the seller and buyer need for this is a mobile phone or tablet. We are open to partnership in Turkmenistan to make QR Pay technology accessible to every citizen and company in the country.

At the Turkmentel exhibition, everyone had the opportunity to visit the Colvir’s stand, test the QR Pay technology, and discuss the latest developments and prospects for the development of the digital economy with IT industry professionals.

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About Colvir Software Solutions

The company Colvir Software Solutions was founded in the UK in 2000 and specializes in the development, implementation and support of complex integrated solutions for the automation of financial and business activities of banks, post offices, enterprises and public financial institutions.

During the company's existence, products for banks, post offices, enterprises and public financial institutions have been developed and highly appreciated by customers. Over the last decade the company has successfully implemented more than 600 projects in the CIS countries and beyond on the basis of these products.

Colvir Software Solutions has been operating in Turkmenistan since 2008. Today 80% of banks in Turkmenistan use Colvir IT solutions. More than 90% of the country's banking financial flows are serviced by the company's products. Among Colvir's key goals in Turkmenistan are: stable economic growth, creation of banking expertise and development of modern payment and financial instruments.

Photo: orient.tm

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