TPS Worldwide has won Gold at the P@SHA ICT Awards 2026 for IRIS Tokenization Connect: Building Pakistan’s National Tokenization Backbone, recognizing the company’s continued focus on developing modern payment technologies for Pakistan’s evolving financial ecosystem.
The recognition reflects TPS’s approach to combining decades of payments expertise with agile, future-focused innovation. As financial institutions respond to rapidly changing customer expectations and emerging digital payment experiences, TPS continues to build secure, scalable and flexible technology that helps them modernize with confidence.
IRIS Tokenization Connect was developed to simplify how banks and card issuers adopt tokenized payments. The platform connects issuers with Visa Token Service (VTS) and Mastercard Digital Enablement Service (MDES), enabling access to payment experiences including Google Wallet, Apple Pay and Click to Pay, while reducing dependence on separate third-party tokenization integrations.
Designed with both on-premise and SaaS deployment models, the platform allows institutions with different operational, scalability and data sovereignty requirements to adopt tokenization through a common technology framework.
The award also supports TPS’s broader vision of building technology in Pakistan that addresses sophisticated global payment requirements while contributing to the continued development of the country’s digital payments ecosystem.
With a strong foundation in mission-critical payment infrastructure, TPS continues to evolve its platforms around emerging technologies, international standards and the changing needs of financial institutions, reinforcing its position as a trusted technology partner for the future of payments.
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