Iran, Tehran – CEO and top managers of TOSEE FANAFZAR TOSAN Co., commercially branded as TOSAN TECHNO attended a press conference in Caspian Industrial Town in Qazvin on Tuesday Feb. 6, 2024. The conference covered TOSAN TECHNO being knowledge-based in hardware-software solution provision for electronic payment industry.

The CEO, Mohammad Mazaheri, Vice President for Hardware Product Development, Omid Shahrokhi, Vice President for Software Product Development, Ehsan Bayandor, Vice President for Customer and Sales Affairs, Jamshid Javadipour, and Director of Marketing and Business Development, Ali Azizi, represented TOSAN TECHNO in this conference. TOSAN TECHNO being certified in knowledge-based production of hardware and software solutions for the electronic payment industry was announced before country’s first knowledge-based POS, TECHNO M500 was unveiled.

By mastering the production and hardware design process of the boards, as well as the development of the native Android operating system named TECHNO OS, in December 1402, the research and development team of TOSAN TECHNO, received Knowledge-based Innovator Badge from Vice President of Science, Technology and Knowledge-Based Economy for the production of the TECHNO M500 POS. Using TECHSTORE e-payment management site, the domestically developed POS, reduced foreign exchange costs, and saves in operating costs of companies providing electronic payment services. Lacking any foreign equivalent, this product will help TOSAN TECHNO enter the global supply chain and has paved the way for the company to enter the product export field.

Referring to obstacles facing knowledge-based companies in the private sector, Mohammad Mazaheri said: “Given the special importance of national self-sufficiency, which is brought to the country by knowledge-based companies, we hope that foreign currency will be allocated to these companies more easily. ” He also pointed out the benefits of using the management system of e-payment terminals by PSP companies and added: “Reviewing the financial statements of PSPs shows that a large part of the expenses of PSPs are related to operational costs and the use of card reader management systems can reduce this cost by 30 percent.”

With more than a decade of experience in providing and producing financial solutions, as well as supplying more than 1,500,000 electronic payment terminals and 350,000 Android POS, TOSAN TECHNO is currently the largest manufacturer of payment terminals in the country. By receiving a knowledge-based certificate for the production of electronic payment card readers, this company now has a knowledge-based badge for all its businesses.

During the conference economy, capital market, fintech and information technology reporters visited the production lines of electronic payment and banking products of TOSAN TECHNO.

 

About TOSAN TECHNO

TOSEE FANAFZAR TOSAN Co., under TOSAN TECHNO commercial brand and FANAFZAR symbol, is active in providing smart e-payment solutions, digital banking and branch evolution solutions, comprehensive and integrated SHOPP solutions, secure network and independent MONEYTECH machines, TAKSA tax solutions, POINT repair and maintenance, and ARTIN AI solutions. As the leading producer of e-payment terminals and banking machines, TOSAN TECHNO has cooperated with over 16 banks and 20 e-payment service providers in the country.

 

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