October 2004

Post Office appoint eCentric Switch for Money Transfers project.

eCentric Switch has been awarded the contract to develop a money order host system to serve Post Office agents. The system will record money transfer sends from appointed agents Point-of-Sale and then authorize the money order received against a valid transaction number and customer selected PIN.

A key requirement of the project is it complies with the Financial Services Centre (FICA) regulations to regulate the value of money orders that any individual can send in a monthly period.

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