December 2, 2014
HONG KONG, 2 Dec, 2014 - Advanced Card Systems Ltd. (ACS, a wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers (Source: Frost & Sullivan), won Best Contactless Payments Project in the recently concluded Payments Awards 2014. The award was announced on November 20 in London, UK.
ACS’s entry was e-PLUS Tap to Pay, ACS’s end-to-end payment and loyalty solution for the largest mall developer, operator, and retail company in the Philippines. e-PLUS Tap to Pay enables consumers to make payments through a stored-value contactless card to a vast array of merchants throughout the country. The system has introduced benefits for merchants and consumers alike, which are so far unmatched by any other private contactless payment and loyalty systems in the Philippines.
Payments Awards is organized by leading technology publications in UK to honor payment technology solutions that set standards for innovation and excellence. e-PLUS Tap to Pay was also shortlisted as Engagement and Loyalty Scheme of the Year.
“Since launch, the e-PLUS Tap to Pay has been recognized in different areas of the world as a truly innovative solution for loyalty, payment, and automatic fare collection,” says Gilbert Leung, Senior Vice President for Sales and Marketing. “We are pleased that the merits of ACS solutions are being validated by industry experts internationally. We aim to replicate this level of competitiveness for all of our end-to-end solutions.”
Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers. ACS is the winner of the Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. In 2010 and 2014, ACS was listed in Forbes Asia's “Best Under a Billion" list, an inter-industry list comprised of 200 top-performing publicly listed companies in the Asia-Pacific, with sales between US$5 million and US$1 billion. ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at http://www.acs.com.hk/
About Payments Awards
Payments Awards is organized by FStech and Retails Systems to recognize cards and payments excellence and technology innovation. Winning entries come from companies, individuals and organizations who have implemented the most outstanding payments initiatives or projects. For more information, visit http://www.payments-awards.com.