TPS Pakistan is a Pakistan based technology firm established in 1996 by two entrepreneurs Mohammed Sohail and Mobushir Rahim. TPS is credited with the establishment of the ebanking infrastructure in Pakistan and is powering 80% of the banks in Pakistan and the largest inter bank shared switch - 1LINK

1LINK

1LINK Limited is a consortium of major banks that own and operate the largest representative shared financial services network in Pakistan.The 1LINK brand has grown as their number of member banks increases....

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Since its inception in 1996, TPS has developed cutting edge solutions from Pakistan and currently employs around 300 employees in its Karachi based Head Quarters. TPS has a sister concern in Middle East by the name of TPS Middle East FZ LLC which looks after the area of Middle East and North Africa (MENA). Whereas TPS Pakistan looks after the area of Europe, Africa (except North Africa) and South Asia.

TPS is currently present in more than 70 countries through its resellers and has 135 customers in 35 of those countries. TPS solutions are packaged with some customizations for each customer and are focused on the electronic banking area only. The solutions are for ATM, POS, Inter Bank and Multi Bank Switching & Controllers, Internet Banking, Inward & Outward Remittance Systems, Reconciliation and Settlement and a variety of other related solutions.

TPS is one of the largest IT firms in Pakistan.

ATM and other alternate delivery channels are fast becoming a common thing in Pakistan with many people using the ATMs and POS for various purposes which includes withdrawals, purchases and bill payments.

TPS is also the technology behind Telenor Pakistan

Telenor (Pakistan)

Telenor Pakistan is a Pakistani GSM cellular service provider, and is a subsidiary of Telenor, Norway.-History:Telenor acquired the license for providing GSM services in Pakistan in April 2004, and had launched its services commercially in Islamabad, Rawalpindi and Karachi on March 15, 2005, and...

 Pakistan's EasyPaisa bill payment hub and Ufone

Ufone

Ufone GSM is a Pakistani GSM cellular service provider, It's one of five GSM Mobile companies in Pakistan, and is a subsidiary of Pakistan Telecommunication Company. After the privatization of PTCL, Ufone is now owned by Etisalat. Ufone has a subscriber base of 20.23 million as of September 2010.-...

 USSD based multi-bank mobile banking hub. EasyPaisa has now become the single largest bill payment and funds transfer hub in Pakistan with a transaction volume that exceeds that of the national bill payment hub at 1LINK

1LINK

1LINK Limited is a consortium of major banks that own and operate the largest representative shared financial services network in Pakistan.The 1LINK brand has grown as their number of member banks increases....

 with a factor of 1 to 100.
After the success of 1LINK

1LINK

1LINK Limited is a consortium of major banks that own and operate the largest representative shared financial services network in Pakistan.The 1LINK brand has grown as their number of member banks increases....

, TPS was selected to implement an Inter Bank Shared Switch in Bangladesh

Bangladesh

Bangladesh , officially the People's Republic of Bangladesh is a sovereign state located in South Asia. It is bordered by India on all sides except for a small border with Burma to the far southeast and by the Bay of Bengal to the south...

 (OMNIBUS). The OMNIBUS Inter Bank Shared Switch has currently 6 banks connected for reciprocation of ATM related services.

Recently TPS IRIS Multi Institution Financial Middleware was selected by Group BPCE for its operations in Africa

Africa

Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...

 starting from Cameroon

Cameroon

Cameroon, officially the Republic of Cameroon , is a country in west Central Africa. It is bordered by Nigeria to the west; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea, Gabon, and the Republic of the Congo to the south. Cameroon's coastline lies on the...

 and Republic of Congo. TPS IRIS is also running Doha Bank's operations in 3 countries and is powering the Commercial Bank of Kuwait's electronic banking infrastructure as well. Network International UAE uses TPS Prepaid Card Management System for its hosted prepaid card services, the first bank to go live with this system is ENBD UAE.

Headquarters

TPS Pakistan's headquarters are located at TPS Tower in Karachi, Pakistan

TPS Pakistan's headquarters were located in Business Avenue Karachi, Pakistan. In 2008 TPS Pakistan announced that it was moving its headquarters from Business Aveneue to a bigger and spacious building named as TPS Tower in Karachi, Pakistan.

History

TPS Pakistan started of as a two man operation in 1996 by the name of Transaction Processing Systems, it gradually grew and eventually was incorporated with the Securities and Exchange Commission of Pakistan as TPS Pakistan Private Limited in 2003.