Akurateco Enables TESS Payments to Secure QCB PSP License

Akurateco, a global payment software provider, announces that its Qatari partner, TESS Payments, has successfully secured a PSP License from Qatar Central Bank.

To meet the stringent requirements of the Qatari financial regulatory environment, Akurateco, under its strategic partnership with TESS, performed an on-premise setup of its software on Microsoft Azure Cloud. Additionally, Akurateco facilitated TESS Payments in obtaining the Payment Card Industry Data Security Standard (PCI DSS) certification, further cementing their commitment to maintaining high-security standards.

Akurateco’s technology has been confirmed as compliant and reliable under the regulatory framework, as demonstrated by its certification with the TESS PSP License. This certification is a testament to the secure nature of Akurateco’s solutions, designed to meet industry standards.

Akurateco’s Payment Orchestration Platform

Akurateco is a global payment software vendor that offers ready-to-use PCI DSS-certified white-label payment solutions to merchants, payment providers, and financial institutions worldwide. The platform is equipped with the latest payment technologies, including intelligent payment routing, cascading, automated merchant onboarding, and advanced payment analytics. These features allow Akurateco’s clients to optimize payment processing costs and improve transaction approval ratios.

With over 350 integrated banks and payment providers, Akurateco’s platform enables clients to leverage an extensive network of traditional and alternative payment methods, including both local and global options. This extensive network allows clients to reach a wider audience and cater to their customers’ diverse payment preferences.

For more information about Akurateco and its solutions, please visit Akurateco’s website.