Precidia Technologies Inc., a provider of Internet payment and networking products, has announced that its POSLynx220 with TransNet integrated payment has achieved Level 2 certification from U.S. Bancorp’s Elavon Inc.
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The certification means merchants using Precidia’s TransNet payment application can process mail order and telephone orders and e-commerce transactions, and can transmit CVV card data, a press release from the Ottawa-based vendor said.
The payment-engine, housed on Precidia’s POSLynx220 router, integrates with point-of-sale systems and other retail payment systems, the release said.
