Moneris in India Bank Processing Pact

Moneris Solutions Inc. announced a three-year agreement to supply processing services to State Bank of India (California).

Processing Content

Moneris, a Buffalo Grove, Ill., vendor, said Monday it will offer point of sale technology, wireless payment processing, and electronic bill payment to the business customers of State Bank of India (California), the Los Angeles outpost of India's largest banking company.

The company, a joint venture of Royal Bank of Canada and Bank of Montreal, says it is Canada's largest payment processor.


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