CardNet is the largest and most experienced payment processor company in the Dominican Republic, having been founded as a private company in 2000. Its main lines of business are the Acquisition of Transactions in Stores, which is based on interacting with commercial establishments for payment cards acceptance and Interconnection Networks operation. These services work as a liaison with financial entities such as the ATH Network, which manages ATM and debit card operations at points of sale, and the ACH Network which manages interbank funds transfers.
Learn how CardNet sought to install a complete network of ATMs in the Dominican Republic to meet local and foreign demand on the island.
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