Transact24, a Hong Kong-based payment services provider, has opened a new US office in Frederick, MD. Transact24’s focus on the US market has increased in recent years as a direct result of the growth of their ACH payment processing and credit/debit card acquiring business lines.
Transact24’s focus on the US market has increased in recent years as a direct result of the growth of their ACH payment processing and Credit/Debit card acquiring business lines, which has reached the point where it has become imperative to have a physical presence within the US, allowing Transact24 to better align themselves with their growing base of US customers.
T24, a member of the Net1 group is a Hong Kong-based Payment Services Company, established in 2006, with offices and/or satellite entities in Australia, Singapore, China, Mauritius, South Africa, Austria, Gibraltar, the USA and the UK.
T24’s payment services products include Chinese Debit Card and Credit Card Acquiring; ACH processing; and Prepaid Card Issuance and Prepaid Card Program Management. T24 owns the IP for all its processing systems and all its systems are PCI DSS Level 1 compliant.
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