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2 February 2004 Queensland group takes wires off CBA's ATMs - Internet Watch Queensland company Braintree Communications has completed a trial in which it used its wireless EFT-POS gateway to link Commonwealth Bank ATMs to a bank host over a general packet radio service (GPRS) network. The system operates with existing point-of-sale hardware and is able to fall back to a wired service if GPRS is not available. "Migrating EFT-POS
from fixed wire to mobile networks gives the combined benefits of better
mobility, easier EFT-POS network management, and dramatic cost reductions,"
claimed Peter Hall, CEO of Braintree. "Due to the small data size
of EFT-POS transactions, GPRS is very attractive for retailers to use
for their financial transactions for its cost effectiveness, ease of mobility,
and transaction Hall said the service would
be ideal for temporary locations, such as market stalls and trade shows,
as well as remote locations where landline connections are too costly
or too slow. "Our next |
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2003 - All Rights Reserved - Braintree Communications Pty Ltd - www.braintree.com.au |
