Yum! Brand Franchisee Taps Payment Engine to Halt Theft & Streamline Ops
M&W Foods, a franchisee of Yum! Brands Inc. with 21 quick service restaurants, has selected Precidia's TransNet payment engine to integrate credit and debit card processing with electronic cash register systems in KFC restaurants. This solution allows these restaurants to easily route debit and credit card transactions to any processor using existing systems, with full security, and a suite of management tools that simplify administrative tasks and prevent theft.
M&W Foods Inc., a White Management company, owns and operates KFC and other restaurants with locations throughout New York State. The company relies on PAR Exalt POS systems to accept payments in their restaurants. While these systems work well, they do not offer fully integrated credit and debit card processing. Precidia's TransNet payment engine offered a fully integrated solution to M & W Foods, at a fraction of the cost of upgrading POS systems. Housed on the secure POSLynx220 payment router, the TransNet solution routes transactions via broadband IP to any certified processor. To address cardholder data security, this PCI PA-DSS validated solution offers field-tested firewalling, SSL encryption and settings designed to assist merchants in achieving and maintaining PCI DSS compliance. The solution also boasts unparalleled reliability and flexibility, with features such as automatic dial back-up, and routing to multiple processors simultaneously.
For M & W Foods, the benefits of the TransNet solution go beyond the advantages of integration. The solution's management server, NetVu, and its derivative MerchantVu add significant value to payments with transaction logs and statistics, and other features designed to simplify daily tasks and alert users to issues such as network failure or theft.
"The management tools with TransNet are extremely helpful", say Ray Aley, franchisee. "Features like batch settlement alerts offer a glimpse of our daily sales volume. Daily administrative tasks are made easier. In addition, the theft and fraud alerts can help prevent serious losses for restaurants."