Paystar News

Hong Kong, April 23, 2011 - Translink Global Processing (Translink) a worldwide data-processing and electronic payment company announces it has signed a licensing agreement to provide services in Lebanon.

Translink announced today that we have signed an agreement for the marketing of debit cards, remittance services, scratcher services, payroll services and our mobile payment/banking solution for consumers in Lebanon, stated Tim Wood, President of Global Operations for Translink.

Translink is expanding our geographical presence to Lebanon and will be offering the brand Paystar Lebanon for both remittance and beneficiary services. Lebanon is a unique market in which there are both remitters and beneficiaries. Lebanon will greatly benefit from our Middle East remitting relationships in KSA , UAE and Jordan as well as our beneficiary relationships in Sub-Continent India and SE Asia. We have an aggressive marketing partner for this territory and look forward to offering our services in 2011, added Wood.

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, President of Global Operations, Translink Global Processing at tim.wood@translink-co.com.