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Internet Protocol (IP) has revolutionized the way the world does business. POS terminals are increasingly IP enabled. Open Solutions Canada now provides the network transport for these terminals through the IP Network Solution.
 The IP Network Solution for POS expands Open Solutions Canada's offering to deliver credit and debit transaction processing in quick service and multi-lane environments. The IP Network Solution provides an enhanced service, offering both wired and wireless IP connectivity in an end-to-end solution for Independent Sales Organizations (ISOs) and merchants.
Leveraging off high bandwidth DSL or cable connections, the IP Gateway provides the instant transaction response time that is essential in Quick Service Restaurants (QSRs) and multi-lane environments. As credit and debit cards have become widely accepted across most retail segments, quick service restaurants have become a major growth market in POS terminal placements. Using the IP connection to access POSHnet for credit and debit authorizations translates in to reduced processing times and lower transaction processing costs in this environment.
The solution is attractive to both QSR franchisees and to owners of medium-sized stores because it improves their customer service through reduced check-out times and reduces revenue lost when customers abandon a purchase due to long lines. It also offers merchants the potential to save money on telephone line costs by using cable or high-speed telephone connections to run multiple applications. The IP Network Solution supports both native IP POS devices and dial POS devices (through an IP conversion device).
In addition to providing both wired and wireless IP connectivity, the IP Network Solution allows direct connectivity for both individually connected POS devices and for IP Gateways.
Faster transaction processing, lower communications costs and improved messaging are some of the benefits of high-speed IP-based networks for Point of Sale. The IP Network Solution expands offerings to merchants — delivering enhanced IP services and access to multiple applications when using both wired and wireless connectivity.
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