December 20, 2001
Universal Payment Processing, a vertically integrated electronic transaction processor, along with Soft Tracks Enterprises, a software technology provider, and CGI - an information technology services firm - today announced the commercial availability of Skypay(TM), a wireless payment acceptance software and internet reporting solution for the U.S. marketplace.
CGI has licensed and will host the Skypay Transaction Gateway Server from Soft Tracks, and Universal will offer Skypay services to its merchant customer base. Initially, Skypay will be available on Hypercom Corporation's ICE(TM) 4000 handheld touch screen-based card payment terminal, providing merchants with value-added functions such as an electronic cash register to capture merchant sales information and enterprise reporting that streamlines merchant back-end operations. Subsequent offerings will be available on multiple devices including multi-application terminals, web-enabled cellular phones and Personal Digital Assistants (PDAs).
Through CGI and Universal, Soft Tracks' Skypay payment acceptance solution provides the end-user with a reliable and efficient means for conducting payment transactions coupled with the added convenience of mobility. Benefits range from consolidating credit, debit, cash and check transactions along with sales information such as invoice numbers, tips, and taxes to provide comprehensive reporting functionality, enabling analysis and smooth integration with merchant's back-end operations.
"We are very excited about the opportunity to expand Skypay to the U.S.; particularly as an enabler in the development of solutions for Universal's mobile point-of-sale and multi-application environments," said Ms. Juliana Cafik, President and CEO of Soft Tracks.
Skypay's open architecture is suitable for use with existing application suites, and can be ported to devices running applications such as those required in dispatching and field sales. Third party development for communication to the Skypay architecture is facilitated though the use of interface kits. Ultimately connecting to the Skypay architecture will provide Universal's customers with the ability to conduct payment acceptance transactions on any wireless device.
"Skypay allows us to provide our customers with a wider range of service offerings," said Fred Joachim, Senior Vice President of Sales from Universal. The time saving advantages that consolidated back-end reporting and electronic cash register capabilities bring to our customers provides our merchant customers as well as Universal with an increased level of differentiation.
"The many connection options available for interfacing with Skypay also provides us with access to markets previously untapped," added Mr. Joachim.
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