Product: POSLynx220
Company: Precidia Technologies Inc.

Many merchants use multiple dial-up phone lines to process payments at the POS. If they want faster, more efficient transactions, implementing an entirely new platform, such as DSL or a cable modem, is often not practicable. However, now there is a way to bring merchants cheaper and faster payment processing using the Internet, their existing POS terminal and a small peripheral.

Precidia Technologies Inc., a manufacturer of Internet protocol (IP) access devices, introduced POSLynx220, a multi-port, POS IP adapter. POSLynx220 enables merchants to connect their existing POS terminals to the Internet to achieve faster, more cost effective transaction processing.

The device converts transaction data from dial-up terminals and transmits it over IP-based networks. It comes with two dial and two serial interfaces, which can connect dial terminals, ATMs, and systems such as VeriFone Ruby, electronic cash registers and check readers to broadband Internet networks using Secure Sockets Layer (SSL) encryption.

Adding further convenience, POSLynx's new Management Server feature allows automatic remote download capabilities, end-to-end transaction tracking and a great reduction in onsite maintenance. Precidia designed the device for convenience stores, gas stations, restaurants and many other types of small businesses.

Precidia Technologies Inc.
10A Hearst Way
Ottawa, Ontario Canada K2L 2P4
613-592-7557
www.precidia.com