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A Thing ePicPortz

 

ePicPortz

 

H ypercom recently launched ePicPortz, a portal software that acts as the conduit between those who use a POS terminal for Web access (instead of a PC) and the Internet. In layman’s terms, ePicPortz turns a payment terminal into a low-cost retail Web appliance.

ePicPortz is significant because it is the payment industry’s first suite of comprehensive security and gateway server software that enables browser-equipped card payment terminals to interface to the Internet while continuing to support conventional credit, debit, and e-cash transactions. The software suite includes ePicReceipts, ePicWall, ePicCommerce, RealPay, ShopHostz, ePicPack, and ePicMail. These software modules respectively support Internet-based applications including:

electronic receipt capture

    e-commerce to host gateway

    e-commerce

    hosted Web stores

    on-screen advertising and coupons

    e-mail

“It [ePicPortz] brings the power of the Internet to the consumer and merchant at the point-of-sale without all of the security risks commonly associated with the Internet. ePicPortz servers act as secure gateways that interface the Internet to terminals, Internet-based content providers, and financial transaction processors,” said George Wallner, president and CEO of Hypercom. ePicPortz is currently being rolled out with several major banks, financial transaction processors, and ISPs.

On a related note, in issue 99:12:01 we mentioned that telephony has increased business opportunities as voice over Net and Web-based wireless devices are now able to connect consumers to their financial resources at any time and place. Well, on that note,  Hypercom and Inter-Tel Inc., are forming a new company, Cirilium Corp. Cirilium is jointly owned and targeted at the Internet Protocol (IP) Telephony service providers marketplace, which is expected to reach $1.6 billion by 2002.

According to Wallner, “As IP voice quality has become commercially acceptable, the requirements have shifted to duplicating the features of the existing legacy telephone networks. Cirilium’s products combine Inter-Tel’s rich telephony features with Hypercom’s carrier class VoIP gateways and electronic payment technology to offer a turn-key IP telephony solution that comes closest to duplicating the functioning of existing telephone systems.”

We’re all familiar with Hypercom but many readers may be less familiar with Inter-Tel. Inter-Tel is a provider of digital business telephone systems, IP telephony products, voice processing software, and long distance calling services. For more information about Inter-Tel visit www.inter-tel.com  or call (602) 302-8900. For more information on Hypercom visit www.hypercom.com.


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