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News and Announcements

BPS Receives Significant Industry Endorsement

  • Published October 07, 2015 2:24PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

7th October 2015, ASX Announcement

BPS Technology Limited (ASX: BPS) is pleased to announce that its cloud based trade exchange software TESS has received key industry endorsement and recognition at the recent International Reciprocal Trade Association’s (IRTA) global conference in Mexico.

The TESS software received an Outstanding Achievement Award recognising the high quality, ease of use and high levels of support for its interchange software supplied to IRTA, the global governing of the trade exchange industry.

IRTA accepted delivery of the TESS software in August to run IRTA’s currency interchange system used by member exchanges. Since the introduction of the software IRTA has seen record levels of usage and trading conducted across the platform.

Commenting on the award, Ms Annette Riggs, President of IRTA, said, “The introduction and launch of the TESS Software Platform presents an important milestone for the barter industry as it is the first time we have had a technology that can deliver a common set of payment software rails. The TESS white label software carries the recommendation of IRTA as the preferred software for the industry.

To read the full announcement, please click here

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