Abanco International Extends Wireless Payments Platform with the VeriFone V(x) 610; The VeriFone V(x) 610 is a robust, portable solution offering fast, flexible and on-the-spot payment processing functionality in one convenient device.ROSEMONT, Ill. -- Abanco, a trusted provider of payment processing solutions recently partnered with VeriFone to expand its wireless payment processing services to its merchants looking to further their retail reach. Using the latest and most popular wireless technologies, the V(x) 610 allows transactions to be processed just about anywhere, at any time. An ideal solution for virtually all mobile business, the V(x) 610 opens the doors for presence at an outdoor venue, delivery service or on-the-go food service. With the addition of the V(x) 610, Abanco continues to lead the payments industry by offering the most technologically advanced wireless payment programs available. Abanco wireless platforms include, MDT MDT abbr. Mountain Daylight Time MDT (in the US and Canada) Mountain Daylight Time MDT n abbr (US) (= mountain daylight time) → In-Flight, currently on thousands of flights each day, MDT In-Transit for railways, integrated wireless payments on cell phone-based POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale devices and now the V(x) 610 for traditional merchants looking to un-tether themselves, opening new payment capture opportunities. Combined with Abanco's long-standing partnership with Sprint, Abanco customers experience broadband speeds using Sprint's CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. high-speed network for data transmissions, resulting in seemingly seem·ing adj. Apparent; ostensible. n. Outward appearance; semblance. seem  ing·ly adv. instant transaction authorizations.
"At Abanco, we are committed to delivering the technologies that provide enhanced convenience, improved efficiency and increased sales," states Tracy Metzger, President of Abanco International. "This portable, lightweight terminal from a reputable rep·u·ta·ble adj. Having a good reputation; honorable. rep  u·ta·bil partner
allows Abanco to deliver on our commitment of providing reliable and
secure payment processing solutions that meet the needs of merchants and
their growing businesses."
For more information, contact Abanco Merchant Services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or at (866) 696.8777. Or, visit www.abanco.com. About Abanco International, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Abanco International, LLC, headquartered in Rosemont, IL, was founded with a mission of providing the best "Total Payment Solutions" available. Abanco provides thousands of customers with the most advanced payments and data-transaction technology in today's market. Our suite of products and services are based on our core payment facility that provides all forms of payment processing, which includes electronic reporting, archival facilities, software development, and in-house deployment operations - all backed by a 24x7x365 service desk. Our proprietary front-end gateway switch is designed to eliminate compatibility and integration challenges as it routes credit card authorization and capture to the platform of choice and data to our robust data warehouse. Today, Abanco has expanded our core payment-processing infrastructure that transacts millions of payment transactions per day to its next generation - the delivery of highly customized, vertical specific solutions to meet the needs of industries such as healthcare, airline, rail, golf and others. These innovative solutions leverage Abanco's core payments and data transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. in unique environments such as an airline carrier's "Food for Sale" retail environment or payments acquiring at a physician's office that includes terminal or web based Coming from a Web server. See Web application. real-time insurance eligibility and verification. Abanco International, LLC is privately held. Company and product information are available at www.abanco.com. About VeriFone Holdings, Inc. (www.verifone.com) VeriFone Holdings, Inc. ("VeriFone") (NYSE NYSE See: New York Stock Exchange :PAY), a global leader in secure electronic payment technologies, provides expertise, solutions and services for today with a migration strategy for tomorrow. VeriFone delivers solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. VeriFone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare. About Sprint Nextel Sprint Nextel Corporation (NYSE: S) is one of the largest telecommunications companies in the world. With 55 million subscribers, Sprint Nextel operates the third largest wireless telecommunications network in the United States (based on total wireless customers), behind Sprint Nextel offers a comprehensive range of communications services bringing mobility to consumer, business and government customers. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two robust wireless networks offering industry leading mobile data services; instant national and international walkie-talkie capabilities; and an award-winning and global Tier 1 Internet backbone (communications, networking) Internet backbone - High-speed networks that carry Internet traffic. These communications networks are provided by companies such as AT&T, GTE, IBM, MCI, Netcom, Sprint, UUNET and consist of high-speed links in the T1, T3, OC1 and OC3 ranges. . For more information, visit www.sprint.com. |
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