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8 June 2006
Suncorp
Lowers the Cost of ATM Transactions Using Braintree Router
Brisbane
based, Braintree Communications Pty Ltd, today announced a deal with
Suncorp Metway to roll out up to 250 wireless ATMs that use a public
General Packet Radio Service (GPRS), network.
Suncorp is using Braintree’s Axon series of GPRS router products to
convert its ATMs to GPRS wireless.
Mr. Brad Sands, CEO of Braintree Communications said: “The business case
for converting from leased line to wireless GPRS is compelling.
“Our calculations show that the cost for GPRS can be less than 1.5 cents
per transaction, a reduction of 30 to 80% compared with traditional
leased lines.
“The other major advantage of wireless GPRS is the speed and low cost of
deployment.
“Unlike leased lines and telephone lines, there is no waiting around for
expensive cabling to be installed and there is more flexibility where
you can site the ATMs.
“In shopping centres, for example, you can place the ATMs in high
traffic areas rather than where telephone lines happen to be available.
“Pre-deployment is also easier. The ATM deployer can build and test the
ATM before delivery to the site confident that when it is plugged in on
site the ATM will work first time.
“GPRS is now mature technology with a proven track record both in
Australia and overseas,” said Mr Sands.
“There are now four major banks and financial institutions evaluating
our technology with a view to cutting transaction costs and improving
service delivery.
“The fact that there are three GPRS service providers in Australia,
Telstra, Optus and Vodafone, means that competition is fierce and unlike
the situation with leased lines, customers have a real choice of
telecommunications carrier.”
“We have also shipped 200 units this week for use in shopping centres in
Thailand,” said Mr Sands.
Braintree’s Axon GPRS router products use a Coldfire processor running
embedded Linux coupled with a GPRS modem. The hardware and software has
been developed by Braintree over the last 4 years.
As well as routing capability, the Axon router can also convert legacy
protocols like SNA for carriage over IP networks like GPRS and ADSL.
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