February 20, 2002
TORONTO -- e-Smart Direct Services Inc. has implemented its e-SmartProcessing Suite,a proprietary software solution for switching ATM transactions, for Cash N Go Ltd. in Edmonton, Alberta.
Cash N Go now processes transactions from their ATM network through e-Smart Direct Services, a direct member ofthe national Interac network and a member of Cirrusand Cirrus International.
In conjunction with this milestone, Cash N Go has formed a separate operating division -- Electronic Merchant Systems -- to process transactions for third parties, such as other ISOs.
"We purchased the switch to control our own destiny," said Ken Nichols, president of Cash N Go Ltd. "From the experience we have gained through our own ATM business, we have custom designed certain components of the switch and reporting features to better address the needs of our customers."
"(This) announcement illustrates the opportunity for white label deployers to reach new markets", said Mischa Weisz, president and CEO of e-Smart Direct Service Inc. "Retailers can feel confident that Cash N Go, has the tools to not only supply them with the ATM, but to deliver high levels of customer service."