Passport Technology’s DataStream receives Canadian connector acquirer license
DataStream is an ATM management and access solution that has run in the US since 2003.
Passport Technology Canada has announced that DataStream, its ATM Managements and Access Solution, has been approved as a connector acquirer of the Interac Cash service. Interac is a payment solution that operates across Canada.
DataStream, first introduced to the US in 2003, has earned a reputation for facilitating ATM services, point of sale, operating services and value-add transaction processing to retail and gaming-based clientele.
Since 2020, it has pioneered a fully cloud-based processing architecture that allows for high-reliability levels, automated redundancies, uptime and processing security not available in traditionally hosted environments.
Now, Passport Technology is looking to introduce the service to its Canadian clientele via Interac. Passport Technology Senior VP of Platform Operations Kent Cain commented: “Passport is incredibly proud to enable the Interac Cash service… We believe introducing our fully integrated cloud-based ATM processing platform is a significant technological milestone in Canada.
“It will greatly serve participants of the Interac network and their debit cardholder-base. With almost two decades of ATM processing experience in the US supporting thousands of ATMs, the DataStream platform is well prepared for a seamless expansion to Canada.”
Passport Chief Revenue Officer Jason King agrees that this development is significant for both Passport and Canadian customers. He remarked: “Enabling the Interac Cash service is a privilege, and as an integral part of Canada’s financial system, Passport values this relationship and significant achievement.”
Passport is a leading developer of technology-based solutions and services for the payments, gaming, and financial services markets. The company’s product portfolio includes redemption kiosks, check warranty, quasi-cash, ATM, digital payments and cashless integrations.
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