Oasis Technology Ltd., a payment systems software company, has installed a regional banking computer switch in China.

The switch, part of the Xiamen Golden Card project, will link five banks in the Xiamen region. It is the first Chinese entry for Oasis, a company that has a close relationship with MasterCard International.

The government-sponsored installation is one of 12 Golden Card projects designed to modernize China's banking system with debit cards that provide access to a multibank network.

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