TransNet Powers Payment Processing on Sharp Registers

Precidia Technologies Inc., a global provider in the design and manufacture of Internet Protocol (IP) payment and networking software and devices, announces the certification of its TransNet payment engine application by Sharp Electronics Corporation (SEC).

Merchants with Sharp cash registers can now take advantage of fully integrated payments, with fast, secure, IP based payment processing direct to a wide range of certified payment processors. Among the worldÃ.‚¬™s largest manufacturers of electronic cash registers (ECRs), Sharp offers an extensive range for small business and commercial customers. These highly reliable cash registers gain value-added functionality when coupled with TransNet. Housed on a secure payment router, this unique payment engine application handles the processing of credit, debit, gift and loyalty from card swipe through to processor authorization. Certified by major transaction processors, TransNetÃ.‚¬™s multiport router platform delivers additional benefits, such as automatic dial back-up for enhanced reliability, and the integration of multiple peripherals at the countertop.

Merchants using TransNet can also take advantage of features designed to reduce costs and facilitate cardholder data security standards compliance.

TransNet and its secure router are validated by Visa as meeting its Payments Application Best Practices (PABP). In addition, the solution helps merchants achieve and maintain compliance with the Payment Card Industry Data Security Standards (PCI DSS) via default settings and automatic updates.
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