1st February 2016: It gives us immense pleasure to announce that Pakistan first and largest third party POS transaction processing network is now a part of Access Group.
Through an Asset Sale/Purchase agreement between ORIX Leasing Pakistan Limited (OLP) and Access Group, OLP has finalized the sale of its e-Business related assets including POS Network and Terminals to e-Access (Pvt) Ltd, a part of Access Group.
The strategic initiative aims to combine Access Group expertise in managed services with the nationwide presence of the POS Transaction Processing Network to meet the growing needs of its existing and potential customers. The arrangement has ensured a smooth and seamless transition for all clients, as there will be no changes in the operational structure of the business.
We believe that this step marks the beginning of a new era of growth and innovations for us. Access Group has pioneered a vast array of turn-key solutions including but not limited to a comprehensive fuel card management solution for PSO, a milk supply tracking automation solution for Engro Foods, POS network support for UBL, Pakistan first islamic branchless banking solution Meezan Upaisa and also Pakistan only online redemption programs for Faysal Bank credit cards and UBL co-branded cards.
We are envisioning strategic investments in technology, greater penetration of the network, introduction of new products & services and strategic partnerships with leading industry players, which will help us in enhancing digital payment products and their acceptance. We strongly believe that this will translate into greater value-addition across the value chain by making a positive impact on our clients and the lives of their customers. We are confident that you will support us in our vision to create an enabling environment for innovation and growth.