Paystar News

Hong Kong, April 16, 2009 - Translink Global Processing (Translink) a worldwide data-processing and electronic payment company, today officially announced Payroll/Payout services module enhancements.

We are pleased to announce the completed development of a payroll/payout solution that includes enrollment of employees (payment recipients) in a prepaid card program and provides employers (payers) a system to load payroll/payments to the local bank cards electronically, announced Tim Wood, Vice President of Global Operations.

Globally employers (payers) struggle with cash payments and check issuing, Wood added. The overhead and security required for such payments can be addressed with this technology solution. Now an individual can receive payments on their prepaid debit card on a scheduled day. No more lost checks, no more cash payments. It’s an ideal solution for the emerging markets worldwide.

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 the US, 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.