Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) access devices, today introduced POSLynx? at ETA2004, with distribution partner Vital Processing Services? (Vital?). An industry first, POSLynx delivers secure multi-port connectivity to existing payment terminals at a fraction of the cost of other options. Acquirers and their merchants can take advantage of special POSLynx introductory ETA show pricing through Vital Terminal Management Services.

POSLynx can connect up to four point-of-sale (POS) terminals to the Internet for payment processing. POSLynx is a cost-effective IP solution that is easy to implement, offers full transaction processing security and requires little support or maintenance. Single or multilane merchants can migrate their payment systems to IP with industry standard security, eliminating the need for dial lines to process transactions. For added peace of mind, POSLynx features dial backup connectivity. POSLynx enables merchants to reduce costs and increase transaction processing speed.