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Transcash UK is now registered with the FSA and has been granted a money remittance license for the EU


Hong Kong, January 20, 2010 - Translink Global Processing (Translink) a worldwide data-processing and electronic payment company, today announced that our European Brand, Transcash UK, is now registered with the FSA and has been granted a money remittance license for the entire European Union.

“As a licensed money remitter Transcash can offer cash remittances and scratchers at the retail level in any country in the EU, announced Tim Wood, Vice President of Global Operations. Translink Global Processing (EU) was formed in December, 2009 for the purpose of bringing the European Market into TransNet.

TransNet was designed to interconnect banks and licensed money remitters customers worldwide by providing them payment processing, payment services, virtual and stored value accounts and mobile transaction services. For more info on the Translink's End-to-End Mobile Money Transfer and Payments Solution, please contact us

About Translink Global Processing

Founded in 2004, Translink (http://www.translink-co.com) is a remittance and payments technology company, providing electronic payment services and process as a service solutions that deliver convenience and cost-savings to both businesses and consumers. Translink currently has agreements with banks and technology providers in North and Central America, Europe, the Middle East, Africa and SE Asia to provide pre-paid, remittance, mobile payments, merchant acquiring and B2B vendor payments services domestically and internationally. For additional information, please contact: Tim Wood, VP of Global Operations, Translink Global Processing at tim.wood@translink-co.com.



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