Tranz:System overcomes the limitations of current stored magnetic strip, smart card, and cash systems. This is achieved through Bridge Technology's innovative use of wireless communications, global positioning systems (GPS), and Internet technology. It enables companies to process transactions and collect data from remote and mobile locations on a real time basis with significant cost savings over existing technology.

The system eliminates the costs associated with counting cash and reduces float time from many days to daily deposits.

Tranz:System uses:

• A real time Internet-based management and control system with wireless data links to a central system operated and maintained by Bridge Technology, Inc.
• An Internet-based multi-functional access card.

Applications:

• Process private issue cards, reducing cash and check processing.
• Process traditional credit, debit, and smart cards.
• Process  any other non financial transactions.
• Adds value and authorizes cards using existing POS equipment.