Oasis Technology, Ltd. develops IST payment software solutions. Its products enable the customers to manage ATM and POS networks; acquire and process multi-currency payment transactions from customer contact point; perform multi-institution, multi-card, and multi-currency interchange clearing; and clear and settle daily payment transactions. The company’s products also enable to manage inter-bank and inter-network processing gateways; drive physical and virtual card issuing operations; process smart card and mobile transactions; and stay current with network and card association processing requirements. Oasis offers its products to financial institutions, processors, merchants, and card associations. The company was founded in 1989 and is headquartered in Toronto, Canada with additional offices in Miami, Florida and Dubai, the United Arab Emirates. As of November 12, 2003, Oasis Technology, Ltd. is a subsidiary of eFunds Corp.