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Sonali Bank PLC Payment Switch Project

PayLogic Payment Switch Implementation at Sonali Bank PLC, Bangladesh

ATM and Card Payment System

Thakral Information Systems Private Limited is proud to be leading the implementation of the PayLogic Payment Switch Solution at Sonali Bank PLC, the largest state-owned commercial bank in Bangladesh. This project marks a significant milestone in the bank’s digital transformation journey and reinforces our commitment to delivering mission-critical payment switch solutions across the banking sector.

The PayLogic Payment Switch is a robust, scalable, and secure transaction processing platform designed to seamlessly handle ATM, POS, e-Commerce, Cards and mobile banking transactions. This implementation is aimed at modernizing Sonali Bank’s payment infrastructure, enabling faster transaction processing, enhanced interoperability with domestic and international networks, and greater reliability and uptime.

Key Highlights of the Project:

  • End-to-End Deployment: Complete solution design, hardware sizing provisioning, software implementation, system integration and post-deployment support.
  • High Availability & Redundancy: Architected for 24/7 availability with full redundancy to ensure uninterrupted payment services.
  • Security & Compliance: The system meets international security standards including PCI-DSS compliance, with advanced fraud detection and risk management capabilities.
  • Customization & Integration: Seamless integration with Sonali Bank’s existing core banking system and external payment networks like NPSB, VISA, TakaPay and others.
  • Capacity Building: Comprehensive training and knowledge transfer to Sonali Bank’s IT and operations team to ensure long-term sustainability and support.

This strategic implementation is expected to significantly improve the performance, scalability, and operational efficiency of Sonali Bank’s electronic payment channels, while paving the way for future innovations in digital banking.

“At Thakral, we are honored to support Sonali Bank in its mission to deliver secure, modern, and inclusive financial services to millions of customers across Bangladesh.”

Clients Details

Sonali Bank PLC

Service Category

Fintech | Digital Solution

OEM

PayLogic SA, Morocco