TRANSYS :TRANSYS is a complete smart card lifecycle management system catering to multi application smart card transactions for the Banking, Financial and Loyalty segments. Smart card with its ability to handle more information than a traditional magnetic credit card expands the application and services that can be offered to customers. Smart card technology can provide real opportunities for innovation in business to generate new sources of income. Today in India where 70% of all the transactions conducted in cash with no involvement of a bank or financial institution. This indicator clearly shows the hidden cost involved in handling cash with uncertainty and risk, which comes with such transactions. All successful Governments, Regulation bodies like RBI, financial institutions, Banks would like to bring this huge untapped market into the banking system. Now this is possible only through smart card technology As smart card usage grows and more applications are developed and deployed, the management of smart card applications and maintenance of transactions, cardholder information becomes increasingly complex. TRANSYS is a multi-application smart card management system, empowering card-issuing organizations / companies to successfully deploy and manage smart card technology.Why do we need smart card management? To support multiple applications To support multi issuers To support multi clearing & settlement of transactions To support complete cardholder management The modular nature and open architecture of TRANSYS is designed to deliver real flexibility and scalability to multi issuers, acquirers. The challenge facing card issuers is to harness the power of smart cards to deliver both marketing initiatives and cost reduction programs to enhance the Issuers competitive situation. A complete multi-application smart card management system is required, one that offers Security, Flexibility and Creativity, to seamlessly integrate with numerous application providers and be cost effective. TRANSYS from KYROS is strongly positioned to meet this challenge. TRANSYS from KYROS Total card life cycle management system Multi-application support Easy to use and user friendly front-end GUI's Easy user configurable / customizable to meet various business needs Definable application Security Customized personalization options Key management system support The challenge facing card issuers is to deliver complete multi-application smart card management systems that offer security and seamless interoperability between numerous application providers. TRANSYS from KYROS is well positioned to meet this challenge. PRODUCT FEATURESTRANSYS is an integrated solution aimed primarily at the customized bulk issuance and lifecycle management of smart cards in a single or multi application environment.