SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13D
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                 (Rule 13d-101)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
            TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
                                  RULE 13d-2(a)



                          TRANSAX INTERNATIONAL LIMITED
                                (Name of Issuer)

                        Common Stock -- par value $0.00001
                         (Title of Class of Securities)

                                    89352U100
                                 (CUSIP Number)

                              Diane D. Dalmy, Esq.
                              8965 W. Cornell Place
                            Lakewood, Colorado 80227
                                  303.985.9324
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                 August 14, 2003
             (Date of Event Which Requires Filing of This Statement)

     If the filing  person has  previously  filed a statement on Schedule 13G to
report the acquisition  which is the subject of this Schedule 13D, and is filing
this  schedule  because  of Rule  13d-1(e),  13d-1(f)  or  13d-1(g),  check  the
following box [ ].

     Note.  Schedules  filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d- 7(b)for other
parties to whom copies are to be sent.

     *The  remainder  of this cover  page  shall be filled  out for a  reporting
person's  initial  filing on this  form with  respect  to the  subject  class of
securities,  and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

     The  information  required  on the  remainder  of this  cover page shall be
deemed to be "filed"  for the purpose of Section 18 of the  Securities  Exchange
Act of 1934 or otherwise  subject to the  liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).



                                  SCHEDULE 13D


--------------------------                      --------------------------
CUSIP No.   89352U100                             Page 2  of 7    Pages
---------------------------                     --------------------------
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1       NAME OF REPORTING PERSON:           Cardlink Worldwide, Inc.
        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) [ ]
                                                                  (b) [ ]
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3       SEC USE ONLY

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4       SOURCE OF FUNDS                     Merger Agreement
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5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
        TO ITEMS 2(d) or 2(e)                                        [  ]

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6       CITIZENSHIP OR PLACE OF ORGANIZATION
        Delaware
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                            7      SOLE VOTING POWER
                                   0

        NUMBER OF        ------------------------------------------------
          SHARES            8      SHARED VOTING POWER
       BENEFICIALLY                1,191,870 shares of Common Stock, which
         OWNED BY                  are held on behalf of several underlying
           EACH                    shareholders of Cardlink Worldwide, Inc.
     REPORTING PERSON
           WITH          ------------------------------------------------
                            9      SOLE DISPOSITIVE POWER
                                   0
                         -----------------------------------------------
                            10     SHARED DISPOSITIVE POWER
                                   1,191,870 Share of Common Stock, which
                                   are held on behalf of several underlying
                                   shareholders of Cardlink Worldwide, Inc.
------------------------------------------------------------------------
11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        1,191,870 Shares of Common Stock
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12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
        SHARES                                                    [   ]
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13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
        9.79%
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14      TYPE OF REPORTING PERSON                   CO
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     This original Schedule 13D statement (the "Schedule") is filed on behalf of
Cardlink Worldwide, Inc., a corporation organized under the laws of the State of
Delaware  ("Cardlink")  as  the  reporting  person  hereunder,  relative  to the
acquisition   by  Cardlink  of  certain   shares  of  common   stock  issued  by
Vega-Atlantic Corporation,  now known as Transax International Limited. Cardlink
has not made any previous  filings on Schedule 13D relating to this  acquisition
or issuer.

ITEM 1. SECURITY AND ISSUER.

     This Schedule relates to the voting common stock, $0.00001 par value, of
Transax  International  Limited,  formerly  known as  Vega-Atlantic  Corporation
("Transax").  Transax  maintains its principal  executive offices at 7545 Irvine
Center Drive, Suite 2000 Spectrum Center, Irvine, California 92618.

ITEM 2. IDENTITY AND BACKGROUND

     This Schedule is being filed by Cardlink Worldwide,  Inc. Its directors are
Americo de Castro, an individual ("de Castro") and Hal Autenreith, an individual
("Autenreith").  Its  executive  officer is Americo  de Castro.  The  address of
Cardlink is 2330 NW 102nd Avenue,  #5, Miami,  Florida 33172.  The address of de
Castro is Av. Epitacio Pessoa 2530-1601, Lagoa, Rio de Janeiro RJ CEF 22471-001,
Brazil.  The  address  of  Autenreith  is  10733  Babcock  Boulevard,  Gibsonia,
Pennsylvania 15044.

     Pursuant to General  Instruction C of Schedule 13D,  Cardlink and de Castro
(the "Instruction C Persons") and the information specified in items (a) through
(f) of Item 2 with respect to such Instruction C Persons, is as follows:

----------------------------------------------------------------------------
        Name                     Position with             Address
                                    Transax
----------------------------------------------------------------------------

Americo de Castro                      n/a                  Av. Epitacio Pessoa
                                                            2530-1601 Lagoa
                                                            Rio de Janeiro
                                                            Brazil RJ CEF
                                                            22471-001

Cardlink Worldwide, Inc.            Shareholder             2330 NW 102nd Avenue
                                                            #5
                                                            Miami, Florida 33172
--------------------------------------------------------------------------

     During the last five (5) years,  no Instruction C Person has been convicted
in a criminal proceeding  (excluding traffic violations or similar misdemeanors)
nor has been a party to a civil proceeding of a judicial or administrative  body
of competent jurisdiction or become subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating  activities  subject
to,  federal or state  securities  laws or finding any violation with respect to
such laws.

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

         At the execution of a merger agreement among Vega-Atlantic Corporation,
Vega-Atlantic Acquisition Corporation,  Transax Limited, a Colorado corporation,
and certain  selling  shareholders  of Transax  Limited dated July 22, 2003 (the



"Merger   Agreement"),   1,191,870   shares  of   restricted   common  stock  of
Vega-Atlantic  Corporation  were issued to Cardlink,  which hold such shares for
several  underlying   shareholders  of  Cardlink.   The  consideration  for  the
securities  of  Vega-Atlantic  Corporation  was the exchange of shares of common
stock in Transax  Limited  held by  Cardlink  for the shares of common  stock of
Vega-Atlantic Corporation, now known as Transax International Limited.

ITEM 4. PURPOSE OF TRANSACTION

     The transaction described herein was undertaken for the purpose of engaging
in a private placement of the shares of common stock of Transax as follows:

     (a) On July 22,  2003,  Vega-Atlantic  Corporation  (now  known as  Transax
International Limited),  Vega-Atlantic Acquisition Corporation, Transax Limited,
and  certain  selling  shareholders  of Transax  Limited  entered  into a merger
agreement (the "Merger Agreement").

     On June 19, 2003, the Board of Directors approved and authorized  execution
of the proposed Merger Agreement.  The Board of Directors further authorized and
directed the  submission of a proxy  statement  pursuant to Section 14(a) of the
Securities Exchange Act of 1934, as amended (the "Proxy  Statement").  The Proxy
Statement was filed with the Securities and Exchange Commission of June 19, 2003
and  amended  on July 16,  2003.  The  Proxy  Statement  was  circulated  to the
shareholders  of  Vega-Atlantic  Corporation  to provide  notice  that a special
meeting of the shareholders of Vega-Atlantic  Corporation  would be held at 2:00
p.m. on August 8, 2003.

     On August 8, 2003, the special meeting of the shareholders of Vega-Atlantic
Corporation  was held  pursuant to which the  following  corporate  actions were
approved:  (i) an amendment to the Articles of  Incorporation  of  Vega-Atlantic
Corporation  to effectuate a proposed  change in the name to such name as may be
approved by the Board of Directors;  (ii) a stock option plan for key personnel;
and (iii)  ratification of the prior actions by  shareholders  of  Vega-Atlantic
Corporation taken pursuant to a written consent dated March 26, 2003 approving a
reverse stock split of  one-for-twenty  of the issued and outstanding  shares of
common stock of Vega-Atlantic  corporation,  effectuated  approximately April 2,
2003.

     In  accordance  with the terms of the Merger  Agreement,  the sole business
operations of Transax will be in the  development,  acquisition and marketing of
information  network  solutions for  healthcare  providers and health  insurance
companies and other  end-users  world-wide.  Pursuant to the terms of the Merger
Agreement,  the  name  "Vega-Atlantic   Corporation"  was  changed  to  "Transax
International  Limited" and,  effective August 8, 2003, the trading symbol under
the OTC  Bulletin  Board  for its  shares of Common  Stock has been  changed  to
"TNSX".

     (b)  Pursuant  to the terms of the  Merger  Agreement  and a  corresponding
contribution agreement, the Company has contributed to Vega-Atlantic Acquisition
Corporation  11,066,207 shares of its restricted  Common Stock,  4,500,000 stock
options and 4,100,000 share purchase warrants.  Pursuant to further terms of the
Agreement,  Transax is in the  process  of: (i)  exchanging  therefore  with the
Transax  shareholders  an  aggregate  of  11,066,207  shares  of  the  Company's
restricted Common Stock (on the basis of each two Transax shares of common stock
exchanged  into the right to receive one share of Common Stock of the  Company);
(ii)  exchanging  therefore  with the  Transax  optionholders  an  aggregate  of
4,500,000  stock  options  to acquire up to  4,500,000  shares of the  Company's



Common Stock to replace all stock options  presently  outstanding in Transax (on
the basis of each two Transax stock options  exchanged into the right to receive
one  stock  option of the  Company);  and (iii)  exchanging  therefore  with the
Transax  warrantholders  an aggregate of 4,100,000  share  purchase  warrants to
acquire  up to a further  4,100,000  shares  of the  Company's  Common  Stock to
replace all share  purchase  warrants  presently  outstanding in Transax (on the
basis of each two Transax share  purchase  warrants  exchanged into the right to
receive one share purchase warrant of the Company).

     (c) As of August 14, 2003,  Transax issued to Cardlink  1,191,870 shares of
restricted  Common Stock,  which Cardlink holds on behalf of several  underlying
shareholders of Cardlink. Cardlink acknowledged that the securities to be issued
have not been  registered  under the 1933  Securities Act and that it understood
the economic risk of an investment in the securities.

     Pursuant to the  instructions for items (a) through (j) of Item 4, Cardlink
has plans as follows:

     (a)  As set forth in Item 3 of this  Schedule,  Cardlink  has  acquired  an
          aggregate of 1,191,870  shares of restricted  Common Stock of Transax,
          which Cardlink holds on behalf of several  underlying  shareholders of
          Cardlink.

     (b)  Cardlink  does not  have any  present  plans or  proposals  to cause a
          merger or effect a  liquidation  or  reorganization  of  Transax or to
          enter into extraordinary corporate transactions.

     (c)  Cardlink  does not have any present plans or proposals to cause a sale
          or transfer of a material amount of assets of Transax.

     (d)  Cardlink  does not  have any  present  plans or  proposals  to cause a
          change in the present board of directors,  as elected to such position
          effective August 14, 2003 and August 22, 2003, respectively, or in the
          management of Transax,  including any plans or proposals to change the
          number or terms of directors or to fill any existing  vacancies on the
          board.

     (e)  Cardlink  does not  have any  present  plans or  proposals  to cause a
          material change in the capitalization of Transax.

     (f)  Cardlink  does not have any  present  plans or  proposals  to make any
          other  material  change to the  business  or  corporate  structure  of
          Transax.

     (g)  Cardlink  does not have any  present  plans  or  proposals  to  change
          Transax's charter,  bylaws or instruments  corresponding thereto or to
          take other actions that impede the  acquisition  of control of Transax
          by any person.

     (h)  Cardlink  does not  have  any  present  plans  or  proposals  to cause
          Transax's  common  stock  from not being  quoted  on the OTC  Bulletin
          Board.

     (i)  Cardlink  does not have any present  plans or proposals  relating to a
          class of securities of Transax  becoming  eligible for  termination of
          registration  pursuant to Section 12(g)(4) of the Securities  Exchange
          Act of 1934.



     (j)  Cardlink  does not have any  present  plans or  proposals  to take any
          action similar to any of those enumerated in (a) through (i) above.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

     (a)  As of the close of business on August 14, 2003, Cardlink  beneficially
          owned  of  record  1,191,870  shares  (or  approximately  9.79% of the
          outstanding  shares)  of  Transax's  common  stock,  which are held of
          record by Cardlink  on behalf of several  underlying  shareholders  of
          Cardlink,   over  which   Cardlink  does  not  have  sole  voting  and
          disposition rights.

     (b)  Cardlink does not own any other common or preferred  shares of Transax
          as of the date of this Schedule.

     (c)  As of August 14, 2003,  and within the sixty day period prior thereto,
          to the best knowledge and belief of the  undersigned,  no transactions
          involving Transax equity securities had been engaged in by Cardlink.

     (d)  To the best knowledge and belief of the  undersigned,  no person other
          than  Cardlink  has the right to  receive  or the power to direct  the
          receipt of  dividends  from,  or the  proceeds  from the sale of, such
          securities other than to the underlying shareholders of Cardlink for
             which it holds the shares of stock of Transax.

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
        SECURITIES OF THE ISSUER

     No  contracts,   arrangements,   understandings  or  relationships  between
Cardlink  and those  named in Item 2 exist  with  respect to  securities  of the
issuer.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS

     None.

SIGNATURES

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.


                            CARDLINK WORLDWIDE, INC.

Date: August 27, 2003       By: /s/ Americo de Castro
---------------------       -----------------------------
                            Americo De Castro, President
                            and CEO