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FirstPay Ltd and the World Slip product to be incorporated into new M2 Financial Subsidiary...
St Johns, Antigua September 24, 2008 M2 Global Ltd. M2G Bloomberg: CPL.BH , a leading source of software for electronic recompense systems, today announced that it has completed heads of accord for the getting hold of of FirstPay Ltd. FirstPay spirit be integral to M2G s subsidiary M2 Financial, manufacture it a major recompense handing out navy provider.
M2 Financial spirit power FirstPay s skill in prepaid withdrawal tag issuing with its established World Slip product and merchant acquiring resources to achieve a clear ambition To provide patrons with the break to license the commerce s leading handing out software and associate with an unrivalled hosted and outsourced platform.
Mike Muscato, Head of the business of M2 Global said: World Slip has patrons all over the earth and is an innovative and dynamic prepaid withdrawal tag solution. First Pay is a truly global business and an excellent recompense supercomputer - the perfect fit with M2 s strategy. By providing both hosted and outsourced contact to our recompense platform, authENGIN, through our new operating business M2 Financial, we aim to make it accessible to small and medium sized handing out companies, as well as larger organizations that have the in-house technical skill to operate their own recompense handing out flipside ends. Now technically focused patrons spirit license authENGIN while patrons who prefer to center of attention on tag line up promotion can either buy a hosted, white-labeled authENGIN putting in or outsource line up operations entirely to M2 Financial.
Joel Harris, formerly Head of the business of FirstPay Ltd, now Head of M2 Financial said: authENGIN has powerful and very flexible knowledge and is fast establishing itself as an commerce leading recompense platform. As the first licensee of M2 s authENGIN recompense handing out and tag organization platform, FirstPay is already very familiar with the M2 knowledge and we are looking forward to working even more closely with M2 on manufacture authENGIN an already best-in-industry technology, even more innovative and truly ahead of the technological curve.
The FirstPay players spirit center of attention on turn-key prepaid withdrawal tag and recompense manner outsourcing. FirstPay workforce spirit continue to job from their current offices. Financial requisites of the getting hold of have not been disclosed.
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