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E-Global acquires Inetco Insight

Wednesday 30 November 2011 14:52 CET | News

E-Global, an online payment processor, has acquired Inetco Insight business transaction management software, developed by Canadian provider of business transaction management technology Inetco, to handle its expanding payment operations.

As part of the agreement, E-Global will use the Inetco Insight service to observe transaction flows across several connections out to banks and retail merchants.

Additionally, Inetco Insight will ensure the migration to the new Alaric payment switch. The two services will allow E-Global to process over 100 million transactions monthly and manage their point of sale, ATM, e-commerce and mobile phone transactions.

The sale of Inetco Insight and Alaric switch has been set to be developed via the Stratus Technologies Mexico, a global IT and banking services provider.

Inetco Systems Limited offers business transaction management software and professional services for payment processors, banks and credit unions, merchant acquirers, ATM owners and card network providers
 


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Keywords: E-Global, Inetco Insight, online payments, Alaric payment switch
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce