| Open Solutions Canada Begins Processing CUP Card Transactions |
| March 16, 2010 Category: ATM / POS |
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Open Solutions Canada is now processing China UnionPay (CUP) cards through Interac. CUP’s 2.1 billion cards will be able to withdraw funds from participating ABMs on the Interac network while traveling in Canada.
Open Solutions Canada operates ABMs, accepts the designated cards, approves and settles the transactions on their POSHnet® network, and provides transaction authorization through Interac. POSHnet is one of Canada’s largest white label ATM and POS payments switches and processing centres. POSHnet provides service to more than 35,000 white label ATM and debit/credit and value-added payment terminals in merchant locations across Canada. ABMs that offer the service will feature the China UnionPay logo. Up to now, CUP cards have been accepted in about 83 countries and regions outside China. More News
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