News

INETCO signs deal with Moneris Solutions

September 1, 2010

Moneris Solutions, Canada’s largest payments processor and acquirer of credit and debit card transactions, announced yesterday that it purchased INETCO Systems Limited’s Insight to monitor Moneris’ payment transactions.
 
Moneris Solutions, which is based in Toronto, will deploy INETCO Insight within the production, test and back-up environments of Moneris data centers, which are located throughout Canada. INETCO Insight is transaction management software that enables companies to view the complete path of every transaction across multiple critical business applications. The applications include processing, merchant acquiring and bank issuing.

"Unlike traditional deep dive application and network monitoring tools, INETCO Insight provides a system-wide view into the performance of all our business critical applications and networks," said Amer Mater, Moneris senior vice president of products and technology. Moneris processes more than 3 billion transactions annually at more than 350,000 merchant locations.

INETCO is based in Vancouver, British Columbia. Some of its customers include Fidelity National Information Services, First Data Corp., Open Solutions and Jack Henry & Associates Inc.