Passport Technology Canada Ltd. (Passport), the fastest growing provider of payment technology to the global gaming industry, is pleased to announce that DataStream, Passport's ATM Management and Access Solution, has been approved as a Connector Acquirer of the Interac® Cash service.
"Passport is incredibly proud to enable the Interac Cash service," stated Kent Cain, Senior Vice President of Platform Operations, Passport. "We believe introducing our fully integrated cloud-based ATM processing platform is a significant technological milestone in Canada which will greatly serve participants of the Interac network and their debit cardholder-base. With almost two decades of ATM processing experience in the United States supporting thousands of ATMs, the DataStream® platform is well prepared for a seamless expansion to Canada."
In 2020, DataStream pioneered an innovative, fully cloud-based processing architecture to provide processing clients unmatched levels of reliability, automated redundancies, uptime, and processing security not available in traditionally hosted environments. This is true hot/hot transaction processing architecture that will benefit Passport's many valued customers and partners in Canada.
Deployed in 2003 in the United States, DataStream® has become one of North America's fastest-growing, bank-sponsored, proprietary ATM processors, facilitating ATM, POS, and Value-Add transaction processing to retail and gaming-based clientele.
"Enabling the Interac Cash service is a privilege, and as an integral part of Canada's financial system, Passport values this relationship and significant achievement," stated Jason King, CRO, Passport. "DataStream® allows Passport to provide end-to-end ATM processing and analytics to our Canadian casino customers in addition to our industry-leading quasi-cash and loyalty solutions."
Passport's pursuit of excellence is driven through diversity, inclusion, and collaboration as we strive to create opportunities for all stakeholders to thrive. Passport is a leading developer of technology-based solutions and services for the highly regulated payments, gaming, and financial services markets. The company's product portfolio includes redemption kiosks, quasi-cash, check warranty, ATM, digital payments, cash and cashless integrations, casino automation, regulatory compliance solutions, bank-sponsored transaction processing, server and web-based analytics, agnostic application management systems, and interactive content and loyalty services. Through its privileged gaming licenses and payment sponsorships, Passport has securely and responsibly settled over $45 billion in funds to casino floors across the globe.
For more information, please visit passporttechnology.com.
Passport Technology Inc.
Interac is a registered trademark of Interac Corp.
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Original Source: DataStream Receives Interac Acquirer Membership in Canada, Expanding ATM Management and Access Solution Across North America