VeriFone Delivers Wi-Fi Enabled Omni 3750 Terminals for Debit and Credit Transactions

Monday 20 October 2003 14:27 CET | News

VeriFone has announced the first ever 802.11b, or Wi-Fi, based payment solution, installed in the Mall of San Marino in Guayaquil, Ecuador. VeriFone has partnered with leading data network equipment provider D-Link Latin America to build the environment which services over 250 retailers, and Ecuador-based Medianet for processing.

Wi-Fi-based payment solutions offer distinct advantages compared with other countertop POS installations. First, the relative ease of the install means systems are up and processing more quickly than standard implementations. Second, all dial-up traffic can be consolidated on a single line or high-speed link, delivering a tremendous cost savings by not requiring additional phone lines. Additionally, transaction speed is 350% faster, averaging around four seconds for a transaction. VeriFone is the only POS payment systems manufacturer offering an entire line of IP-enabled terminals from Ethernet to Wi-Fi to cellular data technology. Additionally, a unique design feature of the VeriFone Omni 3750 is its modular architecture of the terminal, which allows customers to swap out hardware options and software modules that cover the gamut of payment modalities. The Mall of San Marino payment solution has been designed to accommodate mag-stripe debit and credit transactions, EMV smart card transactions and value-added applications, taking advantage of the speed provided by Wi-Fi networks. The value-added applications include loyalty, telco top up services and gift card. This solution incorporates D-Link access point DWL-900AP+ in access point and access client modalities, generating two levels of wireless cells to which the merchants will be connected. Wired equivalent privacy (WEP) encryption, the industrys most secure, will be used in this installation.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce