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BW: eConnect Develops First Linux-based Transactional Servers

eConnect…has developed the first Linux-based
transactional server (LTS) for the purpose of receiving incoming
Internet cash payments by ATM card and PIN.

“The LTS will route into the ATM card Regional Networks the ATM
card and PIN Internet cash transactions that have been originated
by hardware plugged into a computer keyboard.”

“It is anticipated that the first LTS will soon be receiving the
first ATM card and PIN Internet cash bill payments. This is the
Internet cash model referred to in the Nov. 18 CNN.com article in
which a Star Systems spokesperson referred to three different
Internet cash models. Star Systems is a regional EFT that serves
3,700 financial institutions and 79 million cardholders.”


Press Release

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