Platform Supports EMV, MasterCard Banknet, International Regulations and Localization
LAS VEGAS, Dec. 14, 2010 /PRNewswire/ -- eCommLink, a leading value-added prepaid debit processor, announced today the release of its new global processing platform, the first of its kind to support the full array of international payments. The architecture of the new platform enables simple localization of the processing engine based on regional regulations, language, currency and processing standards while still offering the flexibility and robust feature set that has made eCommLink's legacy platform so successful. The platform truly provides international coverage, enabling large, multinational companies to utilize a single platform to support programs in every country they serve.
"We made a conscious decision as a company that the international prepaid market would be our company's future. We took the time to create, in house, a truly globalized processing platform that would build upon the success of our existing offerings. The result is a powerful, seamless solution for global markets and an even more flexible and reliable solution for our domestic clients," stated Ennio Ponzetto, CEO, eCommLink, Inc.
eCommLink's initial international expansion efforts have focused on the European and Latin American markets. The platform includes full EMV processing and a direct connection to MasterCard's Banknet platform to enable fast, reliable transaction processing in both regions.
"EMV is not just a requirement in most other countries, it is a huge opportunity for prepaid everywhere as it enables advanced applications and solutions. While the U.S. market isn't quite ready for EMV as a whole, there are some opportunities here today, like travel and expense cards, that we're excited to be able to support with this new technology," commented Peter Zuong, CIO, eCommLink.
"The completion of this global platform is really the realization of a dream for eCommLink. We now have a single, unified solution for all markets that delivers unparalleled reliability, flexibility and value," added Mr. Ponzetto.
About eCommLink, Inc.
eCommLink, Inc. (www.ecommlink.com) enables program managers and financial institutions to maximize revenue from their prepaid debit programs. The Company's flexible prepaid processing platform, innovative features and industry experience allows clients to create customized prepaid programs for their specific markets or leverage eCommLink's Market ReadyTMturnkey program for faster entry into the prepaid debit space. eCommLink supports the full array of prepaid debit programs, including general spend, payroll, teen, gift, travel, government and loyalty cards, while ensuring quality, security and time to market.
SOURCE eCommLink, Inc.
