SAN MATEO, Calif. and DUBLIN, Ireland, Oct 17, 2001 /PRNewswire via COMTEX/ -- Trintech (TTPA;), a global provider of secure payment infrastructure solutions, announced today that Brother International Corporation has selected Trintech's enterprise ePayment solution PayWare ERP to automate all its web-based and call center payment transactions. The solution allows Brother to procure a higher volume of credit card orders, thus reducing its operating costs.
PayWare ERP was implemented as part of a recent initiative by Brother to procure sales orders at their websites and manage orders entered via the Customer Relationship Management (CRM) module in its call centers. Brother is now able to handle credit card-based financial transactions, while delivering superior customer service and developing a greater relationship with its customer base. PayWare ERP also allows Brother to reduce costs by lowering the processing cost of each transaction and to deploy its offering globally with PayWare ERP's multi-currency functionality.
"Trintech's PayWare ERP product enables Brother to achieve the highest level and most responsive CRM when handling customer orders taken at our call centers or websites," stated Dennis Upton, CIO at Brother International Corporation. "Brother chose Trintech for its long track record in the payments industry and because the solution integrates easily with our SAP R/3 system."
Prior to implementation of Trintech's PayWare ERP solution credit card transactions were processed through a proprietary batch-oriented system. PayWare ERP sends and receives credit card authorizations during order entry which allows Brother to notify its customers immediately when orders are accepted or rejected.
"Brother International Corporation has an enormous global ERM and CRM operation with thousands of transactions flowing through every day," said Trevor Healy, vice president and general manager ePayments Division for Trintech. "Implementing the PayWare ERP solution enables Brother to efficiently process a higher volume of online orders and be more interactive with their customers during order entry. Streamlining the online payment process results in significant cost savings for companies such as Brother International Corporation."
Developed in close collaboration with SAP, PayWare ERP is ideal for enterprises with large transaction volumes. The solution extracts costs from internal operations to streamline the payment process, while providing a migration path to new revenue channels, such as eCommerce, mCommerce and tCommerce. PayWare ERP is scalable, designed to seamlessly integrate with R/3 sales order processing system and is easily configured to process card payments in both physical and virtual environments.
PayWare ERP Product Overview
Trintech's PayWare ERP solution provides seamless and tight integration of the payment acceptance function into enterprise and resource planning (ERP) systems and retail automation applications, allowing corporations to leverage their ERP system to realize operational efficiencies and cost benefits. Supporting multiple financial and communication protocols, PayWare ERP manages both the authorization and settlement of transactions between acquiring institutions and ERP-based merchants and businesses.
About Trintech
Trintech is a leading provider of secure electronic payment infrastructure solutions for real world, Internet and wireless transactions. The company, founded in 1987, offers a complete range of payment software products for credit, debit, commercial and procurement card applications. Trintech's secure product range is deployed in over 35 countries worldwide and covers the payment requirements of consumers, card issuing banks, merchant acquiring institutions, merchants, eMerchants, telcos, wireless operators, ISPs/CSPs, Portals and large corporations. The Group's range of scalable, open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for all card-based payments, including eCommerce and the emerging world of mCommerce. Trintech can be contacted in the U.S. at 2755 Campus Drive, San Mateo, CA 94403 (650-227-7000) and in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (353-1-207-4000). Trintech can be reached on the Web at www.trintech.com . Investor information can be found at www.trintech.com/investor.
About Brother International Corporation
Bridgewater, New Jersey is the corporate headquarters for Brother in the Americas, from Canada to South America and has fully integrated sales, marketing, services, manufacturing, research and development capabilities, located here in the U.S. In addition to its headquarters, Brother has branches in California, Georgia, Illinois, Massachusetts, Tennessee and Texas as well as subsidiaries in Ohio, Canada, Brazil, Chile and Mexico.
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, relating to, among other things, the opportunity to develop new technology applications, including statements regarding future applications of PayWare ERP. Any "forward looking statements" in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Factors that could cause or contribute to such differences include the growth of the eCommerce and mCommerce markets, the availability of financial resources to continue investment in research and development and sales and marketing programs, Trintech's ability to develop, market and sell eCommerce and mCommerce software, the market acceptance of the SSL or SET(tm) standards for eCommerce payment transactions, and its ability to effectively respond to future changes in the ePayment software market. Actual performance may also be affected by other factors more fully discussed in Trintech's Form 6-K for the quarter ended July 31, 2001 filed with the U.S. Securities and Exchange Commission.
CONTACT: Cara Sloman of Nadel Phelan Inc., +1-831-440-2411, or cara@nadelphelan.com, for Trintech. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com/prn/11690X69263228
SOURCE Trintech CONTACT: Cara Sloman of Nadel Phelan Inc., +1-831-440-2411, or cara@nadelphelan.com, for Trintech URL: www.trintech.com www.prnewswire.com
Copyright (C) 2001 PR Newswire. All rights reserved.
PayWare ERP was implemented as part of a recent initiative by Brother to procure sales orders at their websites and manage orders entered via the Customer Relationship Management (CRM) module in its call centers. Brother is now able to handle credit card-based financial transactions, while delivering superior customer service and developing a greater relationship with its customer base. PayWare ERP also allows Brother to reduce costs by lowering the processing cost of each transaction and to deploy its offering globally with PayWare ERP's multi-currency functionality.
"Trintech's PayWare ERP product enables Brother to achieve the highest level and most responsive CRM when handling customer orders taken at our call centers or websites," stated Dennis Upton, CIO at Brother International Corporation. "Brother chose Trintech for its long track record in the payments industry and because the solution integrates easily with our SAP R/3 system."
Prior to implementation of Trintech's PayWare ERP solution credit card transactions were processed through a proprietary batch-oriented system. PayWare ERP sends and receives credit card authorizations during order entry which allows Brother to notify its customers immediately when orders are accepted or rejected.
"Brother International Corporation has an enormous global ERM and CRM operation with thousands of transactions flowing through every day," said Trevor Healy, vice president and general manager ePayments Division for Trintech. "Implementing the PayWare ERP solution enables Brother to efficiently process a higher volume of online orders and be more interactive with their customers during order entry. Streamlining the online payment process results in significant cost savings for companies such as Brother International Corporation."
Developed in close collaboration with SAP, PayWare ERP is ideal for enterprises with large transaction volumes. The solution extracts costs from internal operations to streamline the payment process, while providing a migration path to new revenue channels, such as eCommerce, mCommerce and tCommerce. PayWare ERP is scalable, designed to seamlessly integrate with R/3 sales order processing system and is easily configured to process card payments in both physical and virtual environments.
PayWare ERP Product Overview
Trintech's PayWare ERP solution provides seamless and tight integration of the payment acceptance function into enterprise and resource planning (ERP) systems and retail automation applications, allowing corporations to leverage their ERP system to realize operational efficiencies and cost benefits. Supporting multiple financial and communication protocols, PayWare ERP manages both the authorization and settlement of transactions between acquiring institutions and ERP-based merchants and businesses.
About Trintech
Trintech is a leading provider of secure electronic payment infrastructure solutions for real world, Internet and wireless transactions. The company, founded in 1987, offers a complete range of payment software products for credit, debit, commercial and procurement card applications. Trintech's secure product range is deployed in over 35 countries worldwide and covers the payment requirements of consumers, card issuing banks, merchant acquiring institutions, merchants, eMerchants, telcos, wireless operators, ISPs/CSPs, Portals and large corporations. The Group's range of scalable, open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for all card-based payments, including eCommerce and the emerging world of mCommerce. Trintech can be contacted in the U.S. at 2755 Campus Drive, San Mateo, CA 94403 (650-227-7000) and in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (353-1-207-4000). Trintech can be reached on the Web at www.trintech.com . Investor information can be found at www.trintech.com/investor.
About Brother International Corporation
Bridgewater, New Jersey is the corporate headquarters for Brother in the Americas, from Canada to South America and has fully integrated sales, marketing, services, manufacturing, research and development capabilities, located here in the U.S. In addition to its headquarters, Brother has branches in California, Georgia, Illinois, Massachusetts, Tennessee and Texas as well as subsidiaries in Ohio, Canada, Brazil, Chile and Mexico.
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, relating to, among other things, the opportunity to develop new technology applications, including statements regarding future applications of PayWare ERP. Any "forward looking statements" in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Factors that could cause or contribute to such differences include the growth of the eCommerce and mCommerce markets, the availability of financial resources to continue investment in research and development and sales and marketing programs, Trintech's ability to develop, market and sell eCommerce and mCommerce software, the market acceptance of the SSL or SET(tm) standards for eCommerce payment transactions, and its ability to effectively respond to future changes in the ePayment software market. Actual performance may also be affected by other factors more fully discussed in Trintech's Form 6-K for the quarter ended July 31, 2001 filed with the U.S. Securities and Exchange Commission.
CONTACT: Cara Sloman of Nadel Phelan Inc., +1-831-440-2411, or cara@nadelphelan.com, for Trintech. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com/prn/11690X69263228
SOURCE Trintech CONTACT: Cara Sloman of Nadel Phelan Inc., +1-831-440-2411, or cara@nadelphelan.com, for Trintech URL: www.trintech.com www.prnewswire.com
Copyright (C) 2001 PR Newswire. All rights reserved.
