AGS Transact Technologies Ltd Company History

Incorporation of our Company

Commenced manufacturing of paint dispensers at Daman with the expertise from Fast and Fluid Management

Commencement of relationship with Diebold Nixdorf. Commenced operations in our Banking Automation Solutions segment

Entered into a cooperation agreement with Diebold Nixdorf for banking and retail products

Commenced ATM outsourcing and managed services business (forming part of our Banking Payments Solutions segment)

Introduced currency technology solutions under the brand Genuine”

Investment in our Company by TPG

Investment in our Company by Oriole

Commenced cash management business through SVIL

Acquisition of stake by GTSL in Novus SGP

ITSL received authorization from the RBI to set up and operate payment system for semi-closed pre-paid payment instruments services in India

Company received authorization from the RBI to set up, own and operate payment systems for White Label ATMs

Commenced ATM manufacturing at Daman

Entered into a hosting and management services alliance with ACI Worldwide

Entered the Sri Lankan market through Novus Transact Lanka (Private) Limited

Entered into transit business through automatic fare and electronic toll collection systems

AGS Transact Technologies introduces universal payments capabilities to India in Partnership with ACI Worldwide.

India’s Most Trusted Company 2017 from International Brand Consulting Corporation, USA.

Payment Awards for ‘digital payment facilitator’ to ‘Ongo’ from BBC Knowledge.

Launched Fastlane as the first RFID payment for fuel in India

Among the first company to launch QR-code based payments for various card schemes

AGSTTL won Gold in ‘External Magazine’ category, Silver in ‘Exhibition Collateral’ & Bronze for ‘Newsletter Design’ at 58th Annual Call of Fame Awards organized by Association of Business Communicators of India(ABCI).

Ongo was awarded the ‘Emerging Brand of the Year’ award at ABP News Presents Brand Excellence Awards.

Set up AGS Community Foundation with effect from September 24, 2019

Introduced an Asia-Pacific payment innovations forum ‘Paynnovate’ along with Novus Technologies, to promote advancement and innovation in the payment industry.

Introduced UPI QR Based Cash Withdrawal, India’s first UPI QR-Based Cash Withdrawal/Deposit Feature on ATMs powered by our Company’s technology, enabling touchless transaction

AGS Transact Technologies was recognised as ‘Technology Service Provider’ at ‘Code-Studio 2019 – India Technology Awards and Conference’.

AGSTTL won an award for its Best Performance in Retail Automation at 'Performance Excellence Awards' by Hindustan Petroleum.

AGS Transact Technologies has won the award for its QR-Cash Solution under Technology - Category at 2nd edition BFSI InnoTribe Summit & Awards.

AGS Transact Technologies was awarded ‘India’s Greatest Brands 2018-2019’ by AsiaOne Magazine.

AGS Transact Technologies introduces ‘Touchless’ solution for cash withdrawals at ATMs.

AGS Transact Technologies partners Global-India Insurance Brokers to provide instant Motor Insurance via its ONGO Android PoS terminals.

AGS Transact Technologies was recognised as The Economic Times 'Iconic Brands of India 2021'.

AGS Transact Technologies bagged the National Enterprise Leadership Award 2021 in the category Best Use of Technology (Financial Services) for its solution AGS QR Cash.

The Company has informed that India Ratings and Research (Ind-Ra) has affirmed AGS Transact Technologies Limited's (AGS Transact) Long-Term Issuer Rating at 'IND A+' while revising the Outlook to Negative from Positive. The agency has downgraded the short-term debt rating to 'IND A1' from 'IND A1+'.