is a communications gateway software solution for POS and ATM dial-up terminals that offers multiple host support, transaction aggregation, and extensive web based management capabilities.
POSway connects any dial-up terminal to a transaction host or switch by providing protocol conversion for TCP/IP and other dial-up protocols. 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.
Electronic Payment System
Primary uses of POSway include:
- Eliminating the need for third party transaction networks; saving per transaction costs and resulting in a quick return on investment.
- Creating a dial-up POS and ATM transaction network using an IP backbone; generating new revenue and eliminating the costs of running parallel IP and dial networks by allowing addition of a value added service to an already existing IP network.
- Concentrating, aggregating, and switching large numbers of TCP POS terminals and ATMs to TCP hosts; reducing costs, providing alternate routing in case of host failure, and preventing vendor lock-in by separating transaction application and protocol conversion functionality.
