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Tranax, CDS launch self-service gift-card solution

July 29, 2007

NEWARK, Calif. — Tranax Technologies Inc. and Columbus Data Services have parterned to provide a new gift-card function for self-service devices.
 
According to a news release, the solution is designed for retail and financial-institution markets.
 
The program will feature Tranax's gift card-dispensing Hybrid ATM platform, which is based on the Tranax Mini-Bank x4000 and HK2000 sidecar. Processing and gift-card support will be provided by CDS. 
 
The Tranax sidecar features a bill acceptor and card dispenser, which supports cash or debit cards. Existing Mini-Bank x4000s also can be upgraded to provide the solution.
 
The gift card program, called ZIPPAY, features a gift card that can be used anywhere debit cards are accepted.

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