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Ottawa, Canada, February 17, 2009 - 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 software is now available to merchants using Datasym's POS systems. Datasym is a global leading manufacturer of PC-based cash registers for retail and restaurants. Housed on the POSLynx220 payment router, Precidia's TransNet payment engine software integrates with existing Datasym terminals, delivering fast, cost effective credit, debit, gift and loyalty transactions routed directly to any certified processor.
TransNet offers several unique benefits to merchants, ISOs and Dealers. First, this solution routes transactions directly to any processor, without any gateway fees or extra costs. It is pre-certified to most major processors. Second, its unique router-based design makes it the most secure option available today. The POSLynx220 payment router, which features firewalling and SSL encryption, acts as a fortress for cardholder data. This feature makes the PA-DSS validated TransNet solution inherently more secure than other server-based solutions. Its design also helps merchants maintain PCI compliance, with unchangeable default settings. Finally, this solution delivers unparalleled management and flexibility, with transaction logging, reporting and alerts.
"We're pleased that TransNet is now available to Datasym customers", said Rick Sterne, President of Datasym. "We like to offer our customers options and this is another alternative that allows the merchant to work directly with any processor. It can help reduce their costs and in addition, these customers can rest easy knowing their payment solution is secure".
"We have worked with customers using Datasym systems, and the results with TransNet have been very successful", said Deepak Wanner, President of Precidia Technologies. "The merchant achieves fast, secure transactions while Dealers can more easily deliver 24/7 support for transaction processing issues".
TransNet and POSLynx220 offer 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
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