Company
BGS Smartcard Systems is an Austrian company whose core business consists of developing and integrating smart card-based offline and online financial transaction systems for local and domestic mass markets.
Worldwide Presence
Since 1993, BGS Smartcard Systems implements tailor-made smart card-based payment solutions in cooperation with banks, enterprises and government authorities worldwide. BGS has been continuously focusing on emerging economies which demonstrate a very dynamic evolution due to the fact that they are increasingly leapfrogging old technologies. BGS is headquartered in Vienna, Austria, and has subsidiaries in India and Russia, and a branch office in the Ukraine. Distributors are located in Asia, in Central and South America, in the CIS, and the Middle East.
Technological Expertise & Leadership
BGS employs more than 100 people worldwide with an R&D and technical staff of 75 people. BGS takes pride in its core resource competency of an experienced senior team with market and technical experience of over 13 years in smart card technologies. BGS approach is to offer its customers an adaptive and flexible turnkey solution which encompasses:
- Modular smart card and backoffice solution
- Hardware
- Consultancy
- Product customization and integration
- Installation
- System implementation
- Technical support and training
Success
Since its founding, BGS has sustained profitable operations with annual growth rates of 20-30 percent. A substantial part of these profits are being continuously reinvested in further development of the system, understanding that success can only be sustained through on-going innovation and adaptation to evolving market requirements. BGS is presently the leading supplier of smart card payment systems to the CIS, with a market share of more than 60%. The DUET Smart Card Payment System has been chosen as the national interbank system for Uzbekistan currently involving 18 leading financial institutions and has evolved to become a nationwide interbank smart card payment system in Russia.
