Monday, June 23, 2008

Mexican Issuers Leverages Canadian Gift Card Software

ePaynews.com

Jun 20 2008 : Mexico’s Mercadotecnia, Ideas y Tecnologia (MIT) is launching a gift card program using software developed by Toronto-based Smart Processing Solutions.

MIT will use the SmartIssuerPro system to provide gift cards which will be issued by its clients.SmartIssuerPro enables independent sales organizations (ISOs), financial institutions, retailers and processors to issue and manage prepaid, debit, gift, and loyalty card programs in-house.MIT provides transaction switching services for Mexican banks, retailers and payment networks.

Smart Processing Solutions provides processing and switching software for banks, ISOs, processors, acquirers and retailers. In Canada, its software is used to drive a network of around 11,000 non-bank ATMs.
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