Product: NoLoad IPTran
Company: Datacap Systems Inc.

Datacap Systems' equipment has for years enabled retail, restaurant and other merchants to perform electronic payment authorizations via Internet protocol (IP)-based networks. The company's products, which are sold primarily through POS system resellers, use a POS platform's PC, display and printer to enable IP-based payment processing.

Now, Datacap has introduced an appliance that can set up merchants without programming their parameters, which may include the numbers and digits for the BIN, settlement sequence, merchant ID and category, and ZIP code, among others.

The NoLoad IPTran product installs without obtaining and loading such requirements. This enables merchants with certain electronic cash registers and POS systems to use high-speed Internet payment services more quickly, according to the company.

The plug-compatible device allows interface users to conduct IP-only payment transactions without a second Datacap Systems product. Previously, use of the IPTran also required installation of the DataTran, which called for loading or preloading of merchant parameters.

To begin processing high-speed IP-based payment transactions, resellers install the NoLoad IPTran, connect it to the PC and the Internet, and call the processor with the unique identifier printed on the unit.

All required parameter information is managed by the ISO or processor, which can benefit from the ease of implementation. Versions currently operate with Sterling Payment Technologies and Mercury Payment Systems, and other versions will be announced, according to the company.

Datacap Systems Inc.
215-997-8989
www.datacapsystems.com