Pune, Maharashtra India (PressExposure) November 16, 2011 -- ElectraCard Services today announced that it ranked 31st on the Deloitte Technology Fast 50 India 2011, a ranking of the 50 fastest growing technology companies in India. Rankings are based on percentage revenue growth over three years. ElectraCard Services grew 109% percent during this period.
Mr. Chetan Naik, President-Sales and Marketing, ElectraCard Services said, "I would like to thank the employees and our partners, who have played an important role in our growth story. As a product company rendering its services to the payment space, innovation and the passion to deliver the best is a key to achieve the desired results. Our endeavor to set new industry bench marks and to deliver products & services that meet the unmet requirement of our customers are the key elements of our growth story. We at ECS are delighted to get recognized as one of the fastest growing technology company in India."
"Making the Deloitte Technology Fast 50 is commendable in today's highly competitive technology industry," said P N Sudarshan, Senior Director, Deloitte Touche Tohmatsu India Private Limited (Program Director of Deloitte's Technology Fast 50 India). "We congratulate ElectraCard Services on being one of the 50 fastest growing technology companies in India."
About ElectraCard Services
ElectraCard Services, a subsidiary of Opus Software Solutions, provides third party processing services for credit and payments management across the world. ECS is a PCI DSS certified Third Party Processor (TPP) for MasterCard® and VISA® across the issuing and acquiring side. Its deep domain knowledge, extensive global experience and cost effective solutions address the speed to market and flexibility challenges of today's market.
ElectraCard Services enables financial institutions, retailers, finance companies and corporations to electronically process, in real-time, any type of payment transaction, including credit, debit, pre-paid, smart cards, and ACH. In addition to typical back office processing, ECS also offers ecommerce gateway and switching solutions. Its solutions support multiple institutions, multiple currencies, and varying processing requirements on a single platform.
By providing comprehensive and flexible solutions that can be deployed to a market of one, ElectraCard Services offers unmatched services and solutions.
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Deloitte provides audit, tax, consulting and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's more than 182,000 professionals are committed to becoming the standard of excellence.
In this press release "Deloitte refers to Deloitte Touche Tohmatsu India Private Limited" which has given the press release.
®MasterCard is a registered trademark of MasterCard International, Incorporated.
®VISA is a registered trademark of VISA International Service Association. electra is under trademark and copyright by ElectraCard Services.