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Systech Provides Dial-to-IP Conversion for First Data Retail ATM Services; Tranax and Triton Dial ATMs Supported on First Data IP Processing Host

Posted on: Monday, 3 April 2006, 09:00 CDT

Systech Corporation, a leading provider of Internet Payment Gateways, today announced it has received permission to deploy Systech's IPG/7000 family of dial-to-IP converters on the First Data Retail ATM Services payment processing network. The Systech offering provides retailers with a fast, flexible and secure IP processing platform for electronic funds transactions.

With the Systech solution, merchants have the flexibility to choose any First Data-approved high-speed private IP connection, and use the Systech converters to switch dial-based transactions from Tranax or Triton ATMs to IP-based transactions. Merchants benefit from faster transactions and recurring cost savings. Other in-store dial-up payment applications such as credit, debit, check, gift, loyalty and fleet may be simultaneously connected to other host payment processors using the same Systech device.

"Broadband connectivity is in high demand, and is a key strategy to bringing incremental savings and performance to Systech's merchants and resellers," said John Stafford, Systech's director of payment systems. "This powerful industry combination allows retailers to reap the recurring financial benefits of IP processing with no major capital expenditures and no changes to in-store operator interfaces."

About Systech Corporation

Systech Corporation is an industry leader in the design and manufacture of Internet Payment Gateways for electronic transaction markets. Systech's 23-year history includes innovative network device server solutions for a broad range of worldwide markets spanning point of sale, retail operations, and industrial and commercial applications. Over 200,000 Systech networking devices facilitate mission critical applications worldwide. Additional information can be found at www.systech.com.


Source: Business Wire

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