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e-Smart Direct Services helps Canadian ISO secure future

April 21, 2002

TORONTO- e-Smart Direct Services Inc. has implemented the e-Smart processing suite, a proprietary software solution for switching automated banking machine transactions, for Cash N Go Ltd. in Edmonton, Alberta.

e-Smart Direct Services Inc. is a provider of fully integrated processing services for retailers, financial institutions and ISOs. e-Smart processes debit and credit transactions originating from transaction-enabled kiosks, ATMs and POS devices.

As of Nov. 1, Cash N Go began processing transactions from their ATM network through e-Smart Direct Services, a direct member of Interac, and a principle member of Cirrus and Cirrus International. With the purchase of the e-Smart processing suite, Cash N Go has gained control of its network, increased flexibility and expanded service offerings to their customers.

Cash N Go has also announced the formation of a separate operating division - Electronic Merchant Systems - to process transactions for third parties, such as other ISOs.

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