The Green Sheet: RBS Lynk, a leading payment processor, and ATM USA, one of the nation's largest ATM distributors, have announced plans to introduce Internet ATM transaction processing services. RBS Lynk will manage the back-end transaction processing and ATM USA will sell, distribute and service the end merchant.
The Internet Protocol solution will be geared toward convenience stores in the United States. The RBS Lynk IP solution benefits merchants with faster transactions and cost savings as they can leverage existing high-bandwidth Internet services to handle ATM transactions, reducing their reliance on dedicated phone lines.
The RBS Lynk IP solution, marketed by ATM USA, enables merchants to choose between high-speed Internet with SSL security or private IP connections through satellite or frame relay. To deploy the service an Internet payment gateway is installed at the site of the c-store's Internet connection. Several store locations may be supported by a single payment gateway, depending on transaction volume.
