Abanco Announces End-to-End Solution for the Transportation Industry
Solution Will Track Ticket and Retail Sales, Inventory and Revenue
PRESS RELEASE
Rosemont, IL - November 30, 2004 - Railway Interiors Expo, Cologne, Germany - Abanco International, LLC, a leading provider of payment processing solutions, today introduced its solution for transportation and supply chain partners, In-Transit Terminal Services (ITTS). ITTS consists of a customizable software application and a hand-held device, which enables the tracking of ticketing, retail sales, inventory and revenue. This all-in-one payment processing solution has the option of WIFI, GSM or CDMA making it a great alternative for on the-go retailing.Abanco has a patented payment solution for the airline industry. Thus, building on its experience and success, Abanco is extending its product base into other transportation areas that would require a similar solution to the airline scenario.
"Abanco was the first to market with this type of solution and is the only company that offers such breadth and depth," says Tracy Metzger, chief technology officer at Abanco. "With this, we are confident that we can easily cross boundaries from one form of transportation to another seamlessly."
In-Transit Benefits:
- On-Board Ticket Issuance and Tracking
- Passenger Manifesting
- On-Board Retail Management
- Inventory and Revenue Reconciliation
- Real-Time Web-based Reporting
- Coupon Support
- Entertainment/ticketing Vouchering
- Internet Pre-Orders
- Total Payment Solutions
- Visa, MasterCard, American Express, Discover, Diners, JCB, Cash


