POSway Product Overview

POSway is communications gateway software that optimizes TCP/IP protocol conversions for dial-up POS and ATM terminals

In the competitive world of remote point-of-sale (POS) terminals and off-premise ATMs, financial institutions, ATM deployers and payment processors need to drive down operational costs. For many, this demands a hard look at dial-up connectivity cost of service.

POSway allows companies to migrate dial-up ATMs and POS terminals to connect over standard telecommunication networks without risk of service disruption to end customers. Many are already utilizing dial-up terminals instead of costly full-service terminals.

POSway connects any dial-up terminal to a transaction host or switch by providing protocol conversion for TCP/IP and other dial-up protocols, multiple host support, transaction aggregation, and extensive web-based management capabilities. POSway supports direct T1/E1 connectivity, making it possible for companies to utilize generic telecommunications networks and eliminate the need for third-party transaction networks.

Banks, credit unions, transaction processors, financial services and telecommunications providers use POSway communications gateway software to:

• Lower operational costs by utilizing dial-up terminals instead of costly full-service terminals
• Reduce transaction costs, such as per-transaction fees, that are paid out to third-party transaction network services
• Increase transaction volume and revenue generation opportunities through reliable connection to a wider range of dial-up POS terminals and ATMs
• Better manage communications risks such as transaction failures, protocol issues and service disruptions
• Reduce operating costs by running a dial-up POS and ATM transaction network on a existing IP backbone network

POSway deployment for dial-up terminals