TransNet™ Payment Engine Certified with PixelPoint POS Hospitality Software
Low cost payment solution offers wider selection of certified processors.
Ottawa, Canada, November 3, 2008 – Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products, announced today that its TransNet™ payment engine has been certified with PAR’s PixelPoint POS hospitality software. By integrating TransNet with PixelPoint POS software, users have access to a widerrange of certified processors, to which they can route credit card transactions easily without anyadditional costs. This low cost payment solution is PABP (Payment Application Best Practices) validated and offers a host of value-added features to merchants.
TransNet is a router-based payment engine software application that can be integrated with any existing POS system for cost effective, secure payment processing. For users of PixelPoint POS software, TransNet also offers unparalleled flexibility and cost savings. Unlike competing solutions, transactions can be routed to multiple processors by card type, with no extra costs or difficulty. In addition, TransNet offers management tools and capabilities not available with any other solution, including remote application updates and transaction logging. TransNet offers the industry’s most comprehensive approach to cardholder data security, with transactions removed from the POS system and housed instead on the POSLynx220™ SSL encrypted payment router.
“We are pleased to make Precidia’s payment engine available to our resellers”, said Lino D'Angicco, Chief Operating Officer of PixelPoint. “TransNet takes an innovative approach to transaction processing, one which is both cost effective and easy to implement. The ability to process to a wider range of processors without any additional cost will help our resellers provide even better service to merchants who wish to work with a particular processor”. Precidia President Deepak Wanner says that, like PixelPoint, many of the developers, dealers and ISOs that offer TransNet appreciate the ability to route to multiple processors at no extra cost, leading to better rates as more processors compete for merchant business. TransNet also
offers unique features: “Our partners also value TransNet’s advanced management tools which streamline operations, such as reporting, 24/7 device access for support, and network status alerts. For many developers, this PABP validated solution also eliminates the cost and resources involved in certifying software”, said Mr. Wanner TransNet can be integrated with an existing user interface for a familiar look and feel, as it is used with PixelPoint, or can operate with its own user-friendly virtual terminal interface. It offers a range of additional features to the user, including simple integration of peripherals and automatic dial
back-up. To learn more about TransNet and Precidia’s other payment solutions, visit www.precidia.com/payments
About Precidia Technologies Precidia Technologies is a global leader in the design and manufacture of Internet Protocol (IP)
payment and networking products. With customers in over 85 countries, Precidia offers unique products designed for simple serial networking, as well as a suite which manages the complexity
of IP based payments in the retail industry. All of Precidia’s products have been designed to maximize the potential of existing equipment, with deployment, monitoring, security and management tools. For more information, visit Precidia on the Web at http://www.precidia.com
About PAR PixelPoint
PAR PixelPoint was founded in 1992 with a commitment to the development of reliable, flexibleand easy-to-use POS software. PAR PixelPoint has become an innovative leader, developing and marketing POS, Web, Wireless and Enterprise software suites for the restaurant industry. It currently ships software in multiple languages and to almost every major economic center worldwide. PixelPoint is a subsidiary software company of PAR Technology Corporation and operates under its own management in Toronto, Canada. For more information about products, please visit http://www.pixelpointpos.com
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