AGS Transact Technologies Ltd. is one of the largest integrated omni-channel payment solutions providers in India in terms of providing digital and cash-based solutions to banks and corporates. Their products and services comprise ATM and CRM outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services, and mobile wallets.Don't have a Tradeplus account? Sign up
AGS operates in the following segments: Payment Solutions - It comprises ATM and CRM outsourcing and managed services, cash management services, iCDs, digital payment services which include toll and transit solutions, Fastlane, transaction switching services, services through POS machines, and agency banking Banking Automation Solutions - It comprises the sale of ATMs and CRMs, currency technology products and self-service terminals, and related services and upgrades Other Automation Solutions - It encompasses the sale of machines and related services to customers in the retail, petroleum, and colour segments As of August 31, 2021, AGS had installed, maintained, or managed a network of approximately 72,000 ATMs and CRMs, provided cash management services to 46,214 ATMs through SVIL, installed 221,066 merchant POS and approximately 46,800 cash billing terminals, automated approximately 17,924 petroleum outlets and installed approximately 88,521 colour dispensing machines. The public offer of AGS Transact Technologies comprises an offer for sale of equity shares aggregating up to Rs. 680 crores from existing shareholders. Read more
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