Cardtec

NEWS & EVENTS

January 2006 | CTM chooses WAY4 CMS
CTM is a Lebanese processing company created and equally owned by "Banque Libano-Francaise" and "Societe General de Banque au Liban".

The main objective of CTM is to provide an up-to-date technical services for the owner banks that they may use to deliver their services to the end-users (the cardholders) while sharing the cost.

As a private service provider, CTM currently provides its member banks with technical services that are mainly related to international/national networks (Visa, MC and CSC), ATM and POS management, Merchant Management, Plastic cards production (proprietary as well as branded) in addition to a 24 x 7 support line for cardholders as well as merchants and branches.

Although not limited to, CTM card production operation currently includes MC Electronic Debit (Zenith), MC Debit (Cirrus), Visa Electron, MC and Visa credit cards (Classic and Gold) as well as proprietary cards.

The goals of the project were for CTM to implement a new Magnetic Strip and EMV Credit Card Issuing and Authorization platform, provide the services to the CTM Member Banks based on this platform and to achieve maximum flexibility of products and services for the Banks on that new platform.« Back to News