Sampo Bank in Lithuania has chosen Ashburn International to act as its member service provider for processing Europay/MasterCard transactions.
Ashburn will use Mosaic Software's Postilion technology to drive the bank's Europay/MasterCard processing. The system handles the transaction delivery and authorisation requirements of every aspect of the electronic funds transfer (EFT) arena. These include ATM processing/monitoring, EFT switching and routing, point-of-sale (POS) processing, credit/debit card authorisation, EMV authorisation and switching, Internet/call centre payment authorisations, mobile prepaid top-up, Internet/home banking and m-commerce applications.