CRDB Bank Limited launch Smart Card facilities
using SCI/ CR2’s solution in Tanzania

Dar es Salaam, 8th November 2002 – CR2, a global supplier of channel banking, ATM and card payment solutions, has gone live with its SmartBank solution at CRDB Bank limited in Tanzania, Africa. CR2’s SmartBank solution is a payment system that uses smart cards to provide secure multi-purse banking.

Using CR2’s SmartBank solution, from SCI of Tanzania, CRDB Bank Limited will provide the first countrywide smart card scheme in Tanzania. This will enable customers to avail of and use a smartcard electronic purse system for the payment of goods and services at merchants (including shops, restaurants, hotels, etc) and for the withdrawal of cash from the banks own branch and ATM network facility.

In late December 2001 CRDB Bank Limited contacted CR2 via its partners Service & Computer Industries (SCI) Tanzania, and agreed to purchase CR2’s SmartBank solution, which includes CR2’s software specific modules of SmartBank, Sparrow POS, BankWorld ATM client, and CardWorld Producer, NCR ATMs and Servers, POS Terminals, & Card Personalization Equipment.

With SCI/CR2’s SmartBank solution CRDB Bank Limited will see the initial deployment of 6 ATMs, 500 POS devices and up to 40,000+ smartcards issued to its customers, with subsequent phases of the project set to double these figures in the coming 12 months..

Dr. Charles Kimei, Managing Director CRDB Bank Limited says “CRDB Bank needed both an electronic wallet system and a multi-channel delivery mechanism for our Smart Card facility, Tembo Card. CR2 was able to provide the most effective payment system along with both the software for the ATM and POS acceptance channels to give CRDB Bank customers the breadth of channels from which to benefit from the range of services we can offer our clients.”

Mr Cian Kinsella, CEO, CR2 adds “The strength of CR2 in the African marketplace provided CRDB Bank with the reassurance it needed that a project of this scale and significance could be delivered successfully. CRDB required a long term partner who could deliver not only their current card technology needs but could also provide secure, market leading delivery channels and solutions to meet the banks future requirements as well”

The continuing success of the partnership between CR2 & SCI (NCR) the leading providers of banking hardware and software in Africa, looks set to further revolutionize the Banking sector in Tanzania.

The combination of CR2 & SCI, a potent blend of technology, experience, track record and commitment will provide a high level of assurance that together can successfully deliver a professionally executed project with a reliable, cutting-edge, proven Channel Banking solution in the Tanzanian market.