User:Divyakapoor9819/sandbox
AGS Transact Technologies
[edit]AGS Transact Technologies is a payment solutions provider in India. The company offers cash and digital solutions to merchants, banks and corporates.
The company was incorporated by Ravi B. Goyal in 2002. Ken Research Report 2021 recognised them as the second-largest company in India in terms of revenue from ATM managed services under the outsourcing model and revenue from cash management and the number of ATMs replenished.[1][2]
There are three business segments under which they operate, namely: Banking Automation Solutions, Payment Solutions, and Other Automation Solutions for Retail, Petroleum, and Colour Sectors. These services are offered through its wholly-owned subsidiaries Securevalue India Ltd. and India Transact Services Ltd. Ongo & Fastlane are two consumer brands owned by this company.
 | |
| Company type | Private |
|---|---|
| Industry | Fintech, Payments Service Provider |
| Founded | 2002 |
| Founder | Ravi. B. Goyal |
| Headquarters | Mumbai, Maharashtra |
Number of locations | 7 |
Key people | Ravi. B. Goyal |
| Services | Banking Automation, Payment Solutions, Cash Management, Retail Automation, Fuel Retail Automation |
Number of employees | 11,000+ |
| Subsidiaries | Indiatransact, Novus Technologies, Secure Value |
| Website | https://www.agsindia.com/ |
In 2019, AGS QRCash, an industry-first QR code-based cash withdrawal feature on ATMs was introduced by AGS Transact Technologies.[3]
Reference
[edit]- ^ Market, Capital (2022-01-31). "AGS Transact Tech makes muted debut". Business Standard India. Retrieved 2022-12-09.
- ^ "AGS Transact Technologies shares jump more than 17% in 2 sessions after recent corrections; what should investors do with this counter?". Zee Business. 2022-03-03. Retrieved 2022-12-09.
- ^ "Now, Bank of India customers can withdraw cash sans debit cards". The New Indian Express. Retrieved 2022-12-09.