It Consultants Plc (Bangladesh)

IT Consultants Limited (ITCL) is a public limited company located in Dhaka, Bangladesh. It was formed in 2000 and introduced its technology and business operations in 2001. ITCL is the Licensed Payment System Operator (PSO) and the first-ever PCI DSS Certified Company in Bangladesh. It is a local leader in providing end-to-end payment services and has been recognized for its achievements, including winning the President's Award for Industrial Development in 2019 and the BASIS-Daily Star ICT Award in 2015 for best IT Solution Provider in the local market. ITCL deploys world-class payment infrastructure, services, and technology to Banks, Governments, Financial and Non-Financial Institutions. Its payment systems solutions are recognized, accredited, and certified by organizations and governing bodies such as Visa, MasterCard, and AMEX. The company continues to develop partnerships with clients and associates to remain dynamic and offer cutting-edge solutions to meet evolving market needs. ITCL serves multiple clients across various vertical segments, including banking and financial services institutions, telecommunications, transportation, and retail. In 2008, ITCL acquired Bangladesh Electronic Payment Systems Ltd (BEPS), becoming the largest Electronic Transaction processing house in Bangladesh. This acquisition aimed to break the business monopoly for foreign banks in this field. ITCL operates Q-Cash, the largest consortium of banks in Bangladesh, with over 35 banks and approximately 6000 bank branches. Q-Cash provides ATM and POS services, serving card transactions for clients' customers. Q-Cash offers a range of cards, including proprietary Smart Cards, international brands, and proprietary labeled credit, debit, pre-paid, remittance cards with MagStripe, chip-based EMV, and NFC cards.