IRVING, Texas — Genpass Technologies, operator of the MoneyPass national surcharge-free EFT network and the second largest ATM driver in the U.S., together with its partners Ventus Networks and Lipman USA, announced the availability of its next generation wireless ATM service, Genpass Wireless.
According to a news release, Genpass Wireless uses Ventus Networks' CDMA technology, the latest in wireless digital data services, to allow ATMs to process transactions without traditional telephone line connections.
"Genpass Wireless is not just a solution for mobile ATMs," said Tom McHugh, CEO of Genpass Technologies. "This service combines the transaction speeds of a dedicated lease-line with costs that can be even lower than a dial-up connection. And with Genpass Wireless the cost and time required to install or relocate an ATM is significantly reduced."
Genpass Wireless can support Lipman ATMs configured for dial-up or TCP/IP communications. The first ATM to be certified on the new service was the Nurit 6000 manufactured by Lipman.
"This is another example of Lipman's leadership in delivering high quality, cost-effective solutions for ATM deployers," said Randall Wheeler, executive vice president of sales and marketing for Lipman USA. "Wireless service is the next step in cost effectiveness for ATMs."
The companies expect the wireless service to be a popular alternative to dial-up for many off-premise deployments and to lease-line for many financial institution ATMs.
