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17th May 2011

E-Debit Global Corporation Initiates Transition To Digital

edebit globalCalgary-based electronic payment processor E-Debit Global Corporation and its wholly owned subsidiary Westsphere Systems Inc. has commenced transition of its communication network for its financial switching operations from analog to digital.

“Over the past 14 months WSI, our electronic payment processing unit has been working with our communication partner Shaw Communications to transition our switching communication from analog to digital (copper telephone lines to fiber broadband).

Our WSI business unit offers debit and credit payment processing solutions and connectivity to the Canadian Interac Network and Credit Facilitators. Our initial introduction of our ATM network to our fiber communication system has been exceptional. Our experience to date has met the challenge of the new requirements related to chip based card product processing and EMV protocols and at the same time has increase speed of transaction processing by a minimum of 25%,” advised WSI Chief Operating Officer Sonja Dreyer.

“Once we transition over our ATM and POS estates we will be able to expand our focus towards our custom payment solutions across a wide range of communication protocols including private-label, travel & entertainment and fleet cards as well as expanding our reach within the Canadian ATM and POS marketplace with contracted switching services to the Canadian ISO (“Independent Sales Organizations”).

With this transition we are now in total control of our communication protocols and significantly reduced our reliance on non affiliated contracted managed services to connect, operated and service our switching platform and to give our guarantee of the best of industry transaction processing in the most secure, stable, reliable and high performance environment to our existing client base and our future ISO potentials which we are going to aggressively pursue,” Ms. Dreyer stated.

This entry was posted on Tuesday, May 17th, 2011 at 5:45 am and is filed under Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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