Compass Plus Extends Market Expansion with Infogram Telemedia

Compass Plus Extends Market Expansion with Infogram Telemedia

Compass Plus, an international provider of payment services solutions to financial institutions, announced that it has signed an International Distribution Agreement (IDA) with Infogram Telemedia to support its international market expansion program.

“Infogram Telemedia, the leading banking software integrator, has been promoting Compass Plus software in Indonesia for close to a year starting as a sales agent. With the support of Compass Plus, we can make significant progress; signing the IDA allows us to enhance our services to implement and support the TranzWare product suite from Compass Plus. The entire team from Infogram Telemedia are eager to undertake this appointment with enthusiasm and are looking forward to continuing a good working relationship with Compass Plus,” said Mr. David Kawilarang, MD of Infogram Telemedia.

The Infogram Telemedia team has been trained at the Compass Plus training centre in Magnitogorsk, Russia and is now fully equipped with the knowledge and skill to customize and configure TranzWare products.

Compass Plus first entered the Asia Pacific market by opening an office in Hanoi, Vietnam in 2007. With Compass Plus’ growth in recent years throughout Asia Pacific, the company made a decision to open a regional office in Singapore in 2009. This office serves as a business centre for the region and places Compass Plus amongst the world’s largest payment technology providers. The continued expansion in the region enables Compass Plus to benefit from the strong infrastructure and international accessibility associated with the city’s role as an international business hub.

“We see the Indonesian market as a critical base for our worldwide expansion program and we are delighted to have Infogram Telemedia as our value reseller. The combination of Compass Plus’ global card payment knowledge and Infogram Telemedia’s local expertise extends our ability to deliver quality products and services to our customers in Indonesia,” said Olga Demina, Chief Business Development Officer and Senior Vice President for Compass Plus.