LONDON and DALLAS, July 01, 2003 (PRIMEZONE) -- Trintech Group Plc (NASDAQ:TTPA) (Prime Standard:TTP), a leading provider of transaction management and payment infrastructure solutions, today announced that De Vere Hotels has implemented PayWare Merchant to process all card payment transactions from its 35 locations across the UK and Jersey.
The most notable is the De Vere Belfry hotel, famous throughout the world for its links with the Ryder Cup. The De Vere Belfry is unique in its offer of the ultimate golfing experience, home to the famous Brabazon Course that has witnessed the action of four Ryder Cup Matches. The Belfry hotel also boasts two additional courses, The Derby, suitable for every standard of golfer, and the more challenging PGA National, which is the only PGA National branded course in Europe.
PayWare Merchant will enable De Vere Hotels to authorize card payments locally and commit funds centrally at the company's headquarters in Daresbury. PayWare Merchant is designed to provide faster authorizations with less time queuing for guests, easier reconciliation of transactions, central and local reporting, as well as providing support for multiple business channels.
"We are very pleased to have chosen PayWare Merchant," said Ed Sygrove, Director of IS at De Vere Hotels. "As a premier resort operator in the UK and Jersey, we require payment systems that are fast, efficient and cost-effective. By implementing this Trintech solution we are in a position to provide our customers with the excellent service standards they expect from us, while satisfying our own internal cost and efficiency requirements."
"De Vere Hotels has an unrivalled reputation for excellence," said Eamon Keating, General Manager at Trintech's Retail Division. "PayWare Merchant has been configured to provide organizations such as De Vere with rapid online authorizations to deliver a consistent check-in and check out experience. PayWare Merchant can also provide a fully automated solution that can handle card payments from Internet and Central reservations."
About PayWare Merchant
PayWare Merchant is Trintech's latest generation payment server that enables merchants to accept card payments and perform rapid online payment authorization from any sales or order processing system. PayWare Merchant integrates seamlessly with electronic point-of-sale (EPoS), call center systems, Internet web sites and other business systems. This integrated solution is easy-to-use, avoids keying errors, reduces fraud and leads to lower transaction charges. PayWare Merchant can provide payment processing for both single and multi-site, multi-merchant operations. Easy front and back office integration allows PayWare systems to operate seamlessly, providing a complete audit trail with sophisticated monitoring and reporting facilities.
About De Vere Hotels
De Vere hotels are recent winners of "Most improved hotel brand in the UK 2001" in the British Hotel Guest survey conducted by Business Development Research Consultants. From the banks of Loch Lomond to the splendor of the English South Coast, De Vere offers a choice of some of the country's finest 4 and 5 star hotels, each with a character of its own. The De Vere Experience covers every occasion, from a business lunch to a conference, from a round of golf to a weekend leisure break, or from a celebratory dinner to a wedding breakfast. De Vere Hotels have received two coveted industry standard awards - Hospitality Assured and Hospitality Assured Meetings.
About Trintech
Trintech is a leading provider of transaction management and payment infrastructure solutions to financial institutions, payment processors, enterprise retailers and network operators globally. Built on over 15 years of experience, Trintech's solutions manage each area of the payment cycle from authentication, authorization, settlement, dispute resolution and reconciliation - enabling our customers to reduce transactions costs, eliminate fraud, minimize risk, maximize cashflow and increase profitability. Trintech can be contacted in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: +353-1-207-4000), in the US at 15851 Dallas Parkway, Suite 940, Addison, TX 75001 (Tel: +1-972 701 9802), and in the UK at 186-192 Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF (T: +44 (0) 1707 827000. www.trintech.com
Trintech Press Contact:
UK: Jackie Seear, The Verbal Tel. + 44 (0) 1932 224411. email: Jackie@the-verbal.co.uk