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In 1996, changes in regulations
known as the Consent Order permitted non-financial institutions
(private or "White Label" ABMs) to participate
in the dispensing of cash to INTERAC®
Cardholders. On-Line Service Corp eagerly entered the
market with the development and set up of an Acquirer
Switch to process these transactions for ABMs operated
by ISOs.
Our processing
networks are located in a secure facility. The excellent reliability of our service is such
that our staff are rarely needed to respond after
hours, however we have the ability to remotely respond
to any issues that arise through our on call scheduling,
7 days a week, 24 hours a day.
Cardholders with
INTERAC®,
Mastercard®,
VISA®,
American Express®,
and other supported card networks may use their banking cards to withdraw cash from a number of convenient locations.
On-Line
does not own any ABMs and therefore does not compete
with ISOs for locations.
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