Under the agreement, the addition of Monex DCC to Switch Commerce’s array of services will allow international card holders to withdraw funds at US ATMs while being charged in the home currency of their card.
Switch Commerce provides products spanning ATM transaction processing, merchant service and POS applications, mobile payment expertise and other.
Monex processes over 100 million transactions from 45 countries valued in excess of EUR 17 billion a year. The current Monex global client profile includes acquiring banks, transaction processors, independent ATM operators, POS and e-commerce merchants.
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