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Cash N Go Approved for Membership in the Interac Association

August 21, 2008
Edmonton, Alberta

Cash N Go Approved for Membership in the Interac Association

Cash N Go is very pleased to announce a proud milestone in the company's history today. Cash N Go Ltd. has been approved for membership in the Interac Association as an Indirect Connector to perform the function of Acquirer in the Shared Cash Dispensing Service.

As a result of implementing its own transaction processing switch and becoming a member of Interac, Cash N Go joins a very exclusive group of financial institutions and non-financial institutions that make up one of the most used, trusted and reliable electronic payment networks in the world.

The Association sets policy within the Canadian electronic banking industry and Cash N Go has met, and will continue to meet, Interac's stringent requirements of being a member of its network.

Being a member not only places the responsibility of network performance and compliancy on Cash N Go, but also allows participation in policy setting industry forums. This allows us to represent the needs of our customers in determining how network services are delivered. The most compelling aspect for Cash N Go customers and clients, will be a reassurance that their ATM provider continues to be on the leading edge of ATM solutions and security for their business.

"By owning and operating our own switch, being a member of Interac, as well as continuing to raise the bar for ATM service and support, Cash N Go further differentiates itself from 99.5% of the ATM providers in Canada," comments President Ken Nichols. "By taking strategic steps like this, we further enhance our position as Canada's premier, and now fully integrated, ATM service provider."

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