Friday, February 24, 2012

VIVONET TO LAUNCH INTEGRATED PAYMENT TERMINAL.

Vivonet, a Vancouver, British Columbia-based software and technology company, next month will launch Halo, an integrated point-of-sale machine that includes a cash drawer and PIN-pad. Ryan Volberg, Vivonet's CEO, tells CardLine that the machine, which uses a touch screen display, will cost half the price of a POS device integrated into a Dell or Hewlett-Packard PC that typically cost around $3,000. Transactions made at merchants using the Halo system are routed through Vivonet's servers to Global Payments Inc. for processing. Halo uses an Internet connection to send transaction data. Merchants can access information about their store's card transactions via a Web portal. Volberg says details of a reseller program are being finalized, but he expects a commission to be paid upon installation of a Halo machine as well as residual payments based on the number of transactions. A reseller could also offer services, such as training or programming, to the merchant and charge for that, says Volberg.

(c) 2007 CardLine and SourceMedia, Inc. All Rights Reserved. http://www.cardforum.com http://www.sourcemedia.com

No comments:

Post a Comment