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Translink Announces its Platform as a Service (PaaS) Remittance Solution


Hong Kong, July 1, 2008 - Translink Global Processing (Translink) a worldwide data-processing and electronic payment company, today officially announced the successful launch of its PaaS (Platform as a Service) Remittance Products. By using the Business Process Management (BPM) philosophy to develop a product to service our Business Process Outsourcing (BPO) agreements with banks and partners worldwide, Translink has moved the global cash remittance industry into the next phase of technology.

Along with our web-based processing for direct messaging of transactions, our platform integrates telephonic messaging (SMS), email, IVR (interactive voice response), A2A, API and any other method that becomes available for communicating with clients and customers. This methodology along with our customer-facing products can provide a bank or retail vendor with the ability to provide secure real-time instantaneous transfer of funds to any person anywhere in the world connected to our service, proclaimed Tim Wood, Vice President of Global Operations.

Translink is excited to have developed this capability. By using PaaS we can easily integrated with almost any bank or retail vendor anywhere in the world, on their terms. This was demonstrated as we began the integration process with a major banking partner, they upgraded their technology mid-stream and we were able to adjust to their growing needs without any need for conversion to a different platform or hardware, Wood added.

About Translink Global Processing

Founded in 2004, Translink (http://www.translink-co.com) is a remittance and payments technology company, providing electronic payment solutions that deliver convenience and cost-savings. Translink currently has agreements with banks and technology providers in the US, Middle East, Africa and SE Asia to provide pre-paid, remittance and payments services. For additional information, please contact: Tim Wood, VP of Global Operations, Translink Global Processing at tim.wood@translink-co.com.



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