Strategic Alliances & Partners                      






IBM Global Services ( India ) Private Limited (IBMGSI) has entered into a strategic information technology agreement with Venture Infotek Global Pvt. Ltd to act as the "Sole IT Partner". IBMGSI is part of the worldwide IBM Global Services group, one of the world's largest IT services provider. IBM Global Services is a worldwide organization with more than $22.9 billion in revenues and operations in 164 countries and is the world's leading provider of product, professional and network services. IBM has a dedicated team working closely with Venture Infotek on a 24x7 basis to assure the very best implementation and on-going support for the infrastructure services, both front-end and back-end, required for automation and processing of consumer payments.

Visa International is the world's leading full-service payment network. Jointly owned by more than 21,000 member financial institutions around the globe, it operates in more than 300 countries. Visa cards are the world's most widely used and accepted form of "plastic" payment. In 1998 nearly $1.4 trillion in products and services were purchased using Visa cards and Visa's market share at the POS, 55 percent, is greater than that of all other major payment cards combined. There are over 800 million Visa, Interlink, PLUS and Visa Cash cards in the market today. Visa-branded cards are accepted at more than 16 million locations in 300 countries and territories. The Visa network, known as VisaNet, processes over 2,700 transactions every second during its peak season, and is capable of handling transactions denominated in 160 different currencies. Visa International and Venture Infotek are working together as partners to accelerate the development of infrastructure for banks for front-end and back-end processing.

Venture Infotek is a member of the Oracle Partner Network, with access to the best of products, services and resources - including Platform Software, Technical Support Training, and Marketplace, from Oracle. The partnership enables us to build, test, and deploy best of breed applications for our customers using Oracle products and industry-standard technologies.

Welcome Real-Time, the world's leading provider of enhanced payment software are introducing a revolutionary concept that enhances the payment experience of Credit and Debit Card users at the Point of Sales (PoS). Venture Infotek has entered into a strategic alliance with Welcome to introduce a solution in the Indian market that encompasses both magnetic stripe and Chip cards.