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Canadian Merchants Want More Transactions Too

Mercator Advisory Group by Mercator Advisory Group
March 21, 2011
in Analysts Coverage
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Alternative Lending: The Grass is Always Greener on the Other Side of the Fence - PaymentsJournal
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E-Debit Global, a Canadian supplier of merchant-delivered financial services through ATM strategies, is leveraging its investment in ebackup in order to expand services to its client base. This announcement is illustrative of the changes taking place in the financial services competitive market, as merchants vie for more control and more revenue from consumer spend.

“As a result of our recent announcement related to our strategic partnership and equity stake in ebackup Inc. E-Debit is commencing the launch and deployment of our E-Debit loyalty, prepaid and debit Card program” advises E-Debit Chief Executive Doug Mac Donald. “With ebackup Inc. supplying the additional technical expertise, PCI compliant data centre, technical support, and data protection services we now have the complete end to end infrastructure to initiate our card program.”

Read the entire press release here:http://www.marketwire.com/mw/release.do?id=1413412&sourceType=3

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