Sharp Electronics of Canada, a global leading vendor of electronic cash registers (ECRs), announced recently a payment solution which simplifies the integration of PIN-based debit with the Sharp UP700 and UP800 cash registers. This solution, which also includes credit, gift and loyalty cards, is powered by the TransNet payment engine software, developed by Precidia Technologies. Sharp has teamed with Moneris Solutions, one of Canada's leading transaction processors, to bundle this solution in an easily deployed package for Sharp Dealers and their merchants.
The solution announced recently will make it easier for Canadian merchants using Sharp cash registers to integrate secure debit card acceptance. Because TransNet is router-based, transactions are protected by the payment router's advanced security, which features SSL encryption, firewalling and PCI PA-DSS validation. By bundling the complete solution with transaction processing by Moneris, merchants can take advantage of a ‘one-stop' payment solution, with billing and deployment through Moneris. The solution has been designed to minimize capital outlay for the merchant.
David Samuel, Product Manager for Sharp Electronics Canada, believes this bundled solution is ideal for Sharp dealers who have been searching for a PIN debit solution for their customers. "Given the popularity of PIN based debit, merchants need a solution that allows them to easily integrate debit, without worrying about security", said Mr. Samuel. "This solution delivers on that requirement, while also offering credit, gift and loyalty – all without significant capital outlay".
Moneris Solutions Senior Vice-President, Sales and Marketing, David Ades is pleased to offer this solution to merchants and Sharp dealers. "In offering this solution, we have broadened the list of processors a merchant can choose when integrating payments with an ECR", said Mr. Ades. "This low cost, easily deployed solution offers everything merchants require: fast transactions, full security and the flexibility to choose an alternative processor".
Precidia Technologies President Deepak Wanner believes the solution's management capabilities will strengthen the offering for Sharp dealers: "With the NetVu management server, Dealers can enhance their support offerings to merchants, with remote deployment, access to terminal and network data, and alerts in case of problems. These capabilities improve an already strong value equation for this solution".
About Sharp Electronics of Canada Ltd.
Sharp Electronics of Canada Ltd. is a wholly owned subsidiary of Sharp Corporation of Osaka, Japan, a worldwide developer of the core technologies integral to shaping the next generation of home entertainment, appliance and digital office equipment systems. A world leader in Liquid Crystal Display (LCD), Sharp is the developer of the revolutionary AQUOS LCD Televisions and has won numerous awards for the technology behind the AQUOS line. Sharp Electronics of Canada Ltd. is located in Mississauga, Ontario. For more information, visit www.sharp.ca
About Moneris Solutions Corporation
As one of North America's largest providers of payment processing solutions, Moneris Solutions Corporation offers credit, debit, wireless and online payment services for merchants in virtually every industry segment. Through its Ernex division, Moneris also provides electronic loyalty and stored-value card programs. With more than 350,000 merchant locations generating close to three billion payment card transactions annually, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information, visit www.moneris.com
About Precidia Technologies Inc.
Precidia Technologies is a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products. With customers in over 85 countries, Precidia offers unique products designed for simple serial networking, as well as a suite which manages the complexity of IP based payments in the retail industry. All of Precidia's products have been designed to maximize the potential of existing equipment, with deployment, monitoring, security and management tools. For more information, visit http://www.precidia.com
SOURCE: Sharp Electronics
