TBC acquires international payment platform

TBC Group has acquired an international payment platform that will significantly enhance the Group’s strategic capabilities in the region. The new payment platform enables businesses to easily and quickly accept and manage payments, increase sales and provide the best customer experience.

The platform has been successfully operating in the international market for more than seven years, serving industry-leading companies.

In the first phase, TBC Group will provide a flexible and secure online payment management system to the markets of Georgia, Uzbekistan, Moldova and Armenia through the international platform. Over time, the platform’s scope of operations will be further expanded.

“TBS is growing in international markets and remains committed to its mission of making life easier for people and businesses. Last week, we signed an agreement whereby TBC Group acquired an international online payment platform with seven years of experience in operation in international markets, which has a broad base of partner companies that will enable businesses to grow further. Soon, TBC Group will offer businesses a multifunctional platform that will allow them to manage payment and settlement processes, access detailed reports and analyze customer behavior, which will ultimately help make effective marketing decisions and increase sales”, – Tornike Gogichaishvili, Deputy General Director of TBC Bank.

In the ever-changing world of e-commerce, a flexible, fast and technologically sound international online payment platform enables businesses to develop in an innovative and agile way. In addition, businesses have the opportunity to enter international markets. With one integration and provider, companies of any size can enter the market of multiple countries in the region, increase the number of target customers and revenue.