Burroughs introduces TransacTec device as a service technology

Burroughs Inc., a service and integration provider for payment and transaction technology ecosystems, has launched its TransacTec Device as a Service, a turnkey solution that provides financial institutions and retailers a cost effective way to adopt cash automation technology, according to a press release.

TransacTec provides holistic approach to device management that facilitates an evolving ecosystem of technologies and solutions; service, analytics, predictive logistics, next-generation remote managed services and project management.

TransacTec's multi-vendor product line of smart safes (Liberty Series), cash recyclers (Freedom Series), self-service kiosks (Independence Series), ATMs (Patriot Series) and certified refurbished equipment is powered by Burroughs' OEM-agnostic support.

Units feature built-in wireless connectivity and provisional credit readiness. In addition to hardware, the integrated solutions include software, middleware and managed services. Machine to machine connectivity and software system interoperability leverage connected device technology.

«This is a game-changing innovative solution for our current and future customers, by integrating transaction technologies into a holistic solution in an affordable, easy to consume form,» Anson Martin, Burroughs CEO, said in the press release. «There are so many great technologies available to provide significant benefits to many businesses for; security, operational efficiency, business insights and more. However, these solutions are expensive and complex to onboard, implement, and maintain. TransacTec is the «easy button» to removing the barriers of adoption.»

Source: ATM Marketplace