This new Monex partnership with SIBS allows international card holders to withdraw funds at Portuguese ATMs while being charged in the home currency of their card.
Monex processes over 100 million transactions from 45 countries valued in excess of EUR 17 billion a year. The current Monex global client profile includes acquiring banks, transaction processors, independent ATM operators, POS and e-commerce merchants.
In recent news, Monex Financial Services has entered an agreement with US-based EFT company Switch Commerce to deliver DCC (Dynamic Currency Conversion) service to Switch Commerce’s Independent ATM Deployer (IAD) network supporting ATMs throughout the US.
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