The introduction of payment cards will enable Latvian Business Bank to offer its customers a new service - a convenient and reliable means of storing cash, making payments, and receiving transfers in Latvia and worldwide. The solution to be delivered is Transmaster, which is a family of standard software products. It covers the complete cycle of payment card processing from card issuing to electronic payment operations via the Internet and mobile communications. The Transmaster system is in live production in over 50 banks and card processing centres in 10 countries.
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