Transaction Transport Technologies (T3) Virtual Private Network (VPN) Service Announces Class B Certification on Vital Processing Services®
St. Louis, March 4, 2003
Transaction Transport Technologies’ (T3) Virtual Private Network service announced today that it has received Class B Certification on Vital Processing Services® (Vital ®) point-of-sale (POS) processing network. Vital is a recognized leader in technology-based commerce enabling services. With this certification, T3 can offer merchants access to a high-speed alternative to dial processing.
The T3 VPN service is designed for merchants who have upgraded from traditional dial technology to Digital Subscriber Line (DSL)/broadband technology. Using broadband technology, a merchant can process an authorization request in 2 to 3 seconds versus the 20 to 30 seconds that it would take using dial service. Additionally, multi-lane retailers can eliminate unnecessary business dial lines by upgrading to just one DSL line that can handle multiple point-of-sale connections.
The certification of T3 encompasses the retail, restaurant, direct marketing, and lodging industries. All payment types, including debit, can be accommodated through the T3 network. The T3 service can be accessed by virtually any PC-based point-of-sale system and by Ethernet-capable point-of-sale terminals.
“We’re very excited about this certification with Vital,” said Bob Varner CEO, of T3.
Unlike SSL-based technology, VPN provides a merchant the added protection of a firewall to protect their business against Internet hacking. In addition, the T3 service requires no new API coding to the POS application, so any Vital-certified PC software can be upgraded from dial to DSL. The testing T3 completed included Ethernet-capable terminals marketed by BNA Smart Payments, Vital’s POS-partner 2000 software, and Hypercom T7P terminals connected through Precidia EtherDial.
“Vital is pleased to have T3 VPN service
Class B Certified to our network,” said Denise Lewis, executive
vice president of Products and Marketing for Vital Processing Services.
About Transaction Transport Technologies
Transaction Transport Technologies LLC, T3, is the leading provider of
Internet-based card processing for the brick-and-mortar merchant community.
T3 services, sold through major processors, merchant banks, and merchant
service providers, are specially designed for merchants wishing to speed
up the check-out process by leveraging new or existing Internet connectivity.
The company is headquartered in St. Louis, Missouri. Additional information
regarding T3 can be found at www.T3LLC.com.
About Vital Processing Services
A leader in technology-based commerce enabling services, Vital Processing
Services® (Vital®) is the commerce connection between acquirers
and merchants, processing one out of every four authorized payment transactions
in North America. From authorizing and capturing electronic payments at
the merchant point of sale, to clearing and settling transactions, Vital
provides highly reliable, integrated end-to-end processing services to
more than 300 acquirers and over one million merchants. Vital processes
all payment types for merchants of all sizes from a wide array of industries
and provides merchants and acquirers with the information and tools to
efficiently manage their payment processing businesses. Vital is a merchant
processing joint venture of Visa U.S.A. and TSYS® ("NYSE: TSS").
Additional information regarding Vital can be found at www.vitalps.com.
