TransNet

Precidia's TransNet payment engine application seamlessly integrates credit, debit, gift and loyalty card payment capability with existing ECRs, POS systems, PCs, applications or websites. Housed on a secure POSLynx220 serieshardware platform, this solution is unique in its comprehensive approach to cardholder data security and unprecedented management tools, which simplify support.

Here's what separates TransNet from the rest:

Industry Leading Security

TransNet's approach to cardholder data security is the most comprehensive in the retail payments industry today. The TransNet software is housed on a POSLynx220 series hardware platform, with the highly secure POSLynx220 acting as a 'fortress' for transaction data. This model ensures cardholder data is never stored or handled on the POS device or PC, diminishing vulnerability to attack. The TransNet application is PCI PA-DSS validated, making it the ideal solution for POS application developers who wish to avoid the costly and time consuming validation process. To assist the merchant, TransNet also features default settings that help maintain PCI DSS compliance on an ongoing basis.

Unique Management Tools to Simplify Support

TransNet's remote monitoring and management capabilities help dealers and ISOs to provide 24/7 support to the merchant without leaving the office. These capabilities also assist merchants in managing their transactions.

NetVu allows IT/Support personnel to access data on any POSLynx220 device deployed in the field, from a standard web browser on any PC. NetVu displays device and network status, and facilitates simple remote deployment of the TransNet solution. Tasks such as processor or configuration changes and application updates can be handled remotely by the merchant's ISO, Dealer or Help Desk.

MerchantVu is a store-level monitoring and management suite designed for merchants. Merchants can access MerchantVu on a 24/7 basis to search for disputed transactions, close batches or configure alerts for suspicious transactions.

Cost Effective

Leveraging the merchant's existing investment in POS equipment and applications, TransNet is a cost-saving tool. In addition, costly onsite support visits can be eliminated with the NetVu management server available from anywhere on a 24/7 basis. The ability to route directly to any processor also brings significant cost savings to the merchant, avoiding gateway fees. For POS application developers who choose TransNet to avoid PA-DSS compliance, there is significant cost savings from eliminating yearly audits and design changes.

Flexible Processor Choice

TransNet's unique POSLynx220 series platforms allow transactions to be routed directly to any certified processor. There are no fees to access these processors, and the merchant can choose to route to multiple processors (including gift and loyalty) by card type, if they wish.

TransNet works transparently behind the scenes, constructing the transaction into its appropriate format for transport from the POS device, application or website to the processor's host. The POSLynx220 acts as the platform for TransNet, delivering peace of mind with features such as SSL, field tested firewalling and automatic dial back-up.

As the POSLynx220 with TransNet operates, sending transactions to the appropriate processor hosts, the device periodically sends data on transaction activity to the NetVu and MerchantVu management servers. This data is statistical data only, with truncated card numbers - maintaining the strict cardholder data security of the POSLynx220.