DMS Electronics hosts training program

DMS Electronics (DMSE) conducted a training program last month on 'Profiting from Cards and Payments'. It was conducted by Managing Director of Transcarta, Singapore, Richard Hartungan, industry guru with over two decades in payments and consumer financial services.

Hartung conducting the training program on Profiting from Cards and Payments.

The training program covered topics of interest to payments industry leaders, including strategies to increase revenue and efficiency, tactics to increase card usage and ways in which top companies are using new technologies.

"After looking at key opportunities in issuing and acquiring, we focused on how top payment companies in Sri Lanka can leverage leading-edge practices from around the globe to grow their business. There was much interest in using technology and alliances with partners to take advantage of growth opportunities, and how leading trends such as new rewards programs or social media can drive businesses forward," Richard Hartung said.

"The goal of the training program was to assist participating banks and corporate to enhance their customers' experience by taking advantage of new and innovative services and market trends.

While our primary role is supplying numerous IT products and services to the Sri Lankan market, we are strong believers that domain knowledge is equally essential. The current boom in tourism and development has created a lot of opportunities for the growth of payment systems in Sri Lanka, so we realised that this training program would be extremely beneficial to our long-time clientele," said, Managing Director of DMS Electronics, Lal Chandranath.