ACS Shortlisted in Payments Awards 2014

ACS Shortlisted in Payments Awards 2014

Hong Kong, November 13, 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), qualified as finalist in two categories of Payments Awards 2014―Best Contactless Payments Project and Engagement and Loyalty Scheme of the Year.

For both categories, ACS entered e-PLUS TaptoPay, its end-to-end loyalty and payment solution for SM Prime Holdings, the largest mall developer, operator and retail company in the Philippines.

e-PLUS TaptoPay enables cashless payments through a stored value contactless card. The solution covers SM malls nationwide, SM entertainment and parking facilities, transport shuttles, major fast food outlets and convenience stores, schools, bookstores, cafeterias, and printers. Given its reach, e-PLUS TaptoPay is unparalleled in demonstrating to Filipinos the benefits of smart card technology, while making operations more efficient and secure for SM and its partner providers.

“We are pleased that our solutions are being recognized in the international arena,” says Gilbert Leung, ACS’s Senior Vice President for Sales and Marketing. “The scalability of e-PLUS helps make contactless payment acceptance more accessible to merchants of all sizes. Instead of deploying their own systems, merchants may just partner with SM, saving set-up costs and gaining instant access to a large base of customers. Meanwhile, consumers get the most out of this loyalty program, since they can now reap rewards from a vast selection of merchants and service providers through just one card. We are confident that the e-PLUS is doing its significant share in exposing the Philippine market to better possibilities.”

Winners will be announced on 20 Nov 2014 in an awards gala dinner and ceremony at the Grosvenor House Hotel, Park Lane, London, UK. For more information on ACS’s end-to-end solutions, email [email protected] or visit www.acs.com.hk.

About ACS

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.

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