July 30, 2008 Edmonton, Alberta
On the same day Cash N Go officially celebrated its 10th Anniversary, the company took the opportunity to officially kick off the implementation of its Postilion transaction processing switch. Postilion delivers integrated solutions for self-service banking and payment processing. A secure, stable, 24 x 7 platform that is trusted worldwide by customers in more than 50 countries. The Postilion platform covers all aspects of ATM driving, including ATM network management, related business management, and advanced-function ATM driving. Banks, credit unions, and third party processors use Postilion to drive their ATMs in-house and manage online connections to EFT networks. Postilion directly controls ATMs, intercepts cardholders' bankcard transactions, and processes these transactions online to core system accounts.
Cash N Go has also selected Moneris Solutions to be its gateway provider. Moneris Solutions is a joint investment between RBC Royal Bank and BMO Bank of Montreal (including Harris Bank) that was launched in December 2000.
As a result of implementing its own transaction processing switch, Cash N Go expects to be an Acquiring Member of Interac by Q4 2008.
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