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 Challenge
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| Point-of-Sale (POS) terminals represent significant investments in both capital and training costs. Coupled with the fact that technology is continually changing and improving, it's no wonder that merchants question the value of replacing legacy terminals with new IP equipment. And yet, can merchants afford to ignore the speed and cost-savings available through IP-based transaction processing? |
Solution |
| Precidia's POSConnect products provide merchants with an attractive alternative. Seamlessly converting legacy POS terminals to IP, the POSConnect suite enables merchants to leverage IP for faster, cheaper transactions using their existing equipment. There are no additional hardware, software or training requirements. Merchants can reduce communication costs by eliminating dedicated dial lines and speed transactions by more than 10 seconds. They also gain a host of new features, including log and status pages that simplify daily reconciliation and equipment diagnostics. It's simple, cost-effective and will improve customer satisfaction. |
Application Diagram |
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| Using the multiport POSLynx220 payment router, you can connect existing debit/credit payment terminals to IP Networks via Ethernet. |
Benefits |
- Reduce costs by eliminating dedicated dial line for POS transactions
- Improve transaction speeds, enhancing customer satisfaction
- Simplify maintenance and diagnostics
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- Harness new features and functionality, to improve operating efficiency
- Retain existing POS terminals, no need to invest in new equipment
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| Case Study |
| Canada’s largest bookseller was able to eliminate their monthly telecommunications costs for their entire transaction processing network and generate an ROI in only six months. |
Read Case Study  |
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