|
Ottawa, Canada, April 26, 2011 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products, announced today that Ceridian Stored Value Solutions (SVS), a leading provider of prepaid card solutions, has certified Precidia's TransNet payment engine software and POSLynx220 payment router for use by Arby's. This certification broadens the list of transaction processors that can be chosen by users of the TransNet integrated payment solution, a list that has grown to more than 25 certified processors.
TransNet is payment engine software that integrates with POS systems, ECRs and payment terminals. This solution is uniquely designed to maximize data security and deliver unparalleled flexibility to the merchants that use it. Housed on the secure POSLynx220 payment router, TransNet is PCI PA-DSS validated, offers SSL encryption and key management, and also includes features that help merchants maintain PCI DSS compliance. To enhance peace of mind, the POSLynx220 features automatic dial back-up in case of network failure.
The TransNet solution is designed to meet the needs of merchants and their support providers. The solution's NetVu management server and MerchantVu store-level portal deliver remote deployment, monitoring and management tools on a 24/7 basis. These tools include alerts for suspicious transactions, remote application and configuration download, and access to transaction data by store, by lane, by card type, or by employee.
Prism Data Systems, a Texas-based POS solutions provider, has deployed the TransNet solution for an Arby's franchise, processing gift card transactions to SVS: "Our customer was pleased to find this option available for gift card transaction processing at their locations", said Daniel Sarfati, Technical Services Manager at Prism. "Precidia was very responsive in working with SVS to ensure this certification was completed to meet the needs of the customer".
"Gift card acceptance has grown exponentially in recent years, and the popularity of prepaid cards is expected to continue", said Precidia President Deepak Wanner. "SVS processes more than 1 billion gift card transactions annually, making them a key transaction processor for our customers. We're pleased to offer this certification to Arby's for our TransNet/POSLynx220 payment solution".
To learn more about TransNet, the POSLynx220 and the NetVu/MerchantVu management suite, visit www.precidia.com/payments.
About SVS
SVS is an industry leader and pioneer, managing more than five hundred million card products and processes over one billion transactions annually. SVS truly partners with its' clients around the world, offering a fully dedicated stored value platform and wide variety of products to help drive behavior - and better business results. SVS is based in Louisville, Kentucky (USA), owned by the Minneapolis- based Ceridian Corporation. For more information, visit: www.storedvalue.com
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
|