IT Consultants PLC
DDSE:ITC39.50
BDT
0.00
(0.00%)
IT Consultants PLC
DSE:ITC
(Dhaka Stock Exchange)
Recent
price
39.50
P/E
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- IT Consultants PLC is a Bangladesh-based financial technology company and payment system operator providing electronic transaction processing infrastructure, card management systems, and information technology integration services to financial institutions, government entities, telecommunication operators, and retail enterprises. Founded in 2000 and headquartered in Dhaka, Bangladesh, the company operates as a licensed Payment System Operator under the regulatory supervision of Bangladesh Bank and is listed on the Dhaka Stock Exchange and Chittagong Stock Exchange under the ticker symbol ITC. The company's core offerings encompass shared financial networks and payment platforms, including Q-Cash, an independent shared automated teller machine and electronic fund transfer network connecting commercial member banks across Bangladesh; QPay, a mobile fintech application designed for utility bill payments, fund transfers, and merchant checkouts; TranzAxis and TranzWare Card Management Systems, delivering issuing, acquiring, and back-office lifecycle management for EMV chip cards, contactless NFC cards, and magnetic stripe credentials; multi-channel transaction switching solutions enabling inter-bank routing across ATMs, electronic point-of-sale terminals, internet payment gateways, and mobile financial services; biometric automated teller machines and interactive kiosk systems; point-of-sale terminal deployment and merchant acquirer management; and enterprise infrastructure services comprising data center architecture design, disaster recovery operations, system virtualization, and IT consulting. In recent corporate developments, the company changed its name from Information Technology Consultants Limited to IT Consultants PLC in January 2024 following shareholder approval at its 23rd Annual General Meeting, alongside an upgrade to the 'A' trading category on the Dhaka Stock Exchange. Operationally, the company has expanded its interoperable payment capabilities through participation in the Mojaloop Accelerator Program for digital financial inclusion and integrated its switching infrastructure with nationwide payment initiatives, including the central bank-mandated Bangla QR interoperable merchant payment framework and the Binimoy digital transaction platform.