USWD First

U .S. Wireless Data, Inc., and First Savings Bank Merchant Division (FSB) have executed an agreement that enables FSB to offer their merchants payment terminals powered by USWD’s Wireless Express Payment Service (WEPS). Under the terms of the agreement, FSB can offer WEPS-enabled devices such as the Lipman 2090 countertop and the Intellect 9770 hand held terminals to address new merchant opportunities in segments such as fast food, transportation, and delivery.

As Green Sheet readers know from prior articles, WEPS is a suite of wireless transport services and server technology designed to deliver payment transactions securely and efficiently from merchants to payment processors. WEPS supports encryption, real-time diagnostic capability, communications protocol conversion and online, real-time reporting capabilities.

At 3 to 5 seconds to process a card transaction, WEPS-enabled hand held and countertop terminals can be faster than cash, making them ideal for quick service restaurants. Plus, the ability to view a list of transactions in real time from their own Web-based login to WEPS gives merchants management control over terminals being used remotely or in the field.

U.S. Wireless Data, Inc. (www.uswirelessdata.com) enables merchant acquirers to provide their customers with fast, cost-effective transaction processing solutions. First Savings Bank Merchant Division (FSB) manages more than 160 independent sales offices and more than 425 independent sales representatives nationwide. FSB offers merchants credit, debit, and EBT card processing and check guarantee services.

For more on wireless transactions, look for the August 2000 issue of GSQ.

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