Amarillo National Bank Migrates to QRails Prepaid Card Processing
QRails’ Issuer Processing provides improved flexibility, control and scalability for Amarillo to expand with specialized card products
Denver, CO (May 9, 2018) — QRails, Inc. a financial technology company offering sophisticated integrated processing and program management services and other solutions to banks, credit unions, and the digital payments industry, today announced that Amarillo National Bank has chosen QRails as their technology partner for prepaid card payments and issuer processing. Amarillo National Bank with assets over $4 billion and 21 domestic locations, is located in Amarillo, TX.
By partnering with QRails, Amarillo National Bank ended its search for a strategic technology partner that would bring the platform, services and expertise to assist the bank in delivering an innovative array of card products to meet their business objectives. Confident that QRails’ latest technology in payment processing would deliver the necessary results, QRails proposed a tailored solution to meet Amarillo National Bank’s technical and operational requirements.
“QRails has been able to constantly innovate and adapt to our demands to help us simplify our processes and truly give us the best solutions we could possibly hope for. With the ability to quickly innovate and change to meet our back-office demands along with giving us the ability to offer the latest in payments technology to our customers, we feel we truly have a partner that will allow our product to grow and flourish like never before.” Said Stewart Dodson, Vice President/ Card Center Manager.
“At QRails we recognize that each of our clients has unique challenges to meet their corporate objective and market demands, so we built the latest, configurable payments processing platform with integrated program management to best serve the needs of clients and their customers,” states Naseer Nasim, CEO of QRails. “Our approach in delivering a solution that met the challenges facing Amarillo National Bank illustrates the flexibility of our system and creative problem solving skills of our sales and professional services team. We look forward to a long and productive relationship with Amarillo National Bank.”
QRails currently services a range of clients in both North America and Europe. Having successfully proven its technology and systems in the market place, QRails plans to expand its operations to include professional sports clubs, insurance claims providers and corporate incentive programs while continuing to serve financial institutions in the US and Europe. The company projects its revenue will more than double over the next 12 months.
About QRails, Inc.
QRails was established to provide third party processing, outsourcing and consultancy services to prepaid, debit and credit card issuers. With an API-friendly technology platform and SaaS delivery model, QRails offers an exceptional range of differentiated solutions, enabling issuers to offer customers Open Banking-ready functionality and integration with a wider range of both banking and non-banking services and loyalty schemes. Target markets for QRails include traditional issuers and new and lateral entrants to digital payments in North America and Western Europe. QRails is headquartered in Denver, Colorado with an office in London. For more information, visit: www.QRails.com.