Intrix Technology Releases 3rd Generation Enterprise Payment Management System

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TranScend™ full electronic payment processing platform helps businesses achieve greater profitability

Intrix has worked hard over the last 20+ years to bring technology to market that makes businesses more profitable. We are not simply software manufacturers hawking an off the shelf product to solve enterprise payment processing needs, says Norman Hayes, VP of Sales and Marketing.

Amid increasing demand for technology solutions to help companies meet complex legal, governmental and customer payment processing requirements, Intrix Technology, a leading provider of enterprise payment processing systems, today released the 3rd version of its popular flagship product - TranScend Software. TranScend 3.0 allows businesses to accept and manage virtually any payment form.

"TranScend 3.0 allows businesses to achieve straight-through-processing via a single payment interface," says Mark Passifione, President of Intrix. "This provides CFOs substantially greater visibility into their cash position, which is a huge benefit to any business and a cornerstone of increasing profitability."

TranScend 3.0 Highlights

  •     License software and hosted services deployment models
  •     Designed to facilitate all business electronic payments
  •     Full tokenization scheme
  •     PCI Security Driver helps bring out of compliance companies back into compliance
  •     Fully integrated into TranScend Paper™ electronic invoice presentment and payment module
  •     New back office automation technology the "Intrix lockbox" file

"Intrix has worked hard over the last 20+ years to bring technology to market that makes businesses more profitable. We are not simply software manufacturers hawking an off the shelf product to solve enterprise payment processing needs, says Norman Hayes, VP of Sales and Marketing. "Working with Intrix experts as trusted partners, companies can focus on what makes them money instead of the complexities surrounding payment processing"

TranScend 3.0 is part of a suite of electronic payment processing products that help companies reduce paper, speed payment of bills and invoices, and provide eCommerce services to their customers without PCI Security concerns.

For more information about TranScend Software and to view a product demo, visit http://www.intrix.com or call 800-546-8749. (From outside the US call 916-577-1315.)

About Intrix Technology

Intrix Technology has been creating enterprise payment management systems since 1997. Its flagship product, TranScend, is used by hundreds of companies - from SAP to UC Berkeley in more than 1700 installations. Today clients rely on Intrix to process more than $1 billion in transaction annually.

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Norman Hayes
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