Powering Payments using Existing Equipment

The POSLynx220 payment router is Precidia's own platform for TransNet. Featuring multiple ports, SSL encryption, and automatic dial back-up, the POSLynx220 has been designed for retail payments. TransNet can also operate on other hardware platforms.

Available Hardware Platforms for TransNet payment engine software:

Precidia’s TransNet payment engine has been flexibly designed to operate on a range of hardware platforms. For smaller merchants without access to a Cisco router, the POSLynx220 is the ideal platform, with 2 dial and 2 serial ports for peripheral integration, as well as full security and automatic dial back-up. For larger merchants, ISOs or processors, the Cisco Integrated Services Router (ISR) offers as many as 1200 ports for multiple merchants or locations. In many instances, an existing Cisco router can become the TransNet platform, resulting in significant cost savings. For those merchants looking for a full featured IP terminal, TransNet has been integrated with the PAX S80 and S90payment terminal models. These terminals offer all of the remote management tools and features available with NetVu, with the comprehensive security TransNet is known for.

Precidia’s approach to payments is unique. While many payment applications and virtual terminals exist, Precidia’s is the first to leverage a secure, fully managed hardware platform to enhance cardholder data security. By housing the application on a secure router or PAX payment terminal rather than the POS device itself or a PC, the payments function is less vulnerable to attack and therefore offers more comprehensive protection of cardholder data. In addition, the use of a payment router or terminal allows for the simple integration of multiple peripherals, such as pinpads, check readers and magstripe readers.

Precidia's TransNet™ delivers fast, secure and flexible IP transactions using existing PCs, ECRs or POS systems. TransNet's unique software/hardware architecture delivers several key benefits:

Secures Cardholder Data

• leverages the expertise of the industry's most trusted names in secure networking and IP payments
• unique design delivers fully PCI and PA-DSS compliant transactions
• PCI and PA-DSS compliance is constantly monitored and updated as new threats emerge, ensuring hassle-free ongoing cardholder data security

Cost Effective

• leverages the merchant's existing capital investment in PCs or other POS equipment
• offers ongoing operational savings, lowering the total cost of ownership (TCO), from more efficient provisioning to easier maintenance, resulting in significant return on investment
• built-in PA-DSS and PCI compliance eliminates need for costly audits and recertifications
• transaction fees will be reduced for many businesses, since they can now route transactions directly to the processor's host

Advanced Management and Reliability

• management tools unprecedented in the industry, delivering 24/7 access to transaction data and diagnostics files
• management suite facilitates simple remote deployment, making it very cost effective for processors and support organizations
• offers a simple redundancy model, for enhanced reliability

Powerful User-Controlled Functionality Creates Business Opportunities

• removing the payments function from the PC or POS device offers the user greater control over the payment function
• application or specification changes can be deployed to multiple locations at the click of a mouse
• merchants can route transactions to multiple processors, without fees or difficulty
• processors and network providers can expand their offerings beyond payments, creating new revenue streams