Burroughs Introduces TransacTec™ Device as a Service – The Future of Transaction Technology

Jul 21, 2020

Burroughs has released an affordable turnkey cash automation program that provides financial institutions and retailers with an easy way to adopt cash automation technology. TransacTec Device™ as a Service includes the hardware ‒ smart safes, cash recyclers, self-service kiosks and ATMs ‒ and everything needed to efficiently operate the technology including software, wireless connectivity and managed services.

ELMHURST, Ill. - July 21, 2020 - PRLog -- Burroughs Inc., North America's largest independent service & integration provider for payment and transaction technology ecosystems, announced today the launch of TransacTec™ Device as a Service (DaaS). This turnkey solution provides financial institutions and retailers with an easy way to adopt cash automation technology cost-effectively.

TransacTec is a holistic approach to device management that facilitates an evolving ecosystem of technologies and solutions; best-in-class service, analytics, predictive logistics, next-gen remote managed services and project management.

TransacTec is the cost-effective flexible solution which revolutionizes the evolving future of commerce and transactions. Whether you're a small business or large financial institution; accessible, reliable, and sophisticated payment and transaction devices are now available with seamless and immediate implementation.

TransacTec's multi-vendor product line of smart safes (Liberty Series), cash recyclers (Freedom Series), self-service kiosks (Independence Series), ATMs (Patriot Series) and certified refurbished equipment is powered by Burroughs' extensive OEM-agnostic support from our extensive North American network of experts. Units feature built-in wireless connectivity and provisional credit readiness.  In addition to hardware, our integrated solutions include software, middleware, and managed services. M2M (machine to machine) connectivity and software system interoperability leverage connected device (IoT) technology as a key emphasis. TransacTec™ also offers an exciting channel partner program designed for retail and financial institutions.

As Burroughs continues to expand its portfolio of solutions within the financial, retail, gaming, and emerging markets, TransacTec represents another example of transformational strategy in an era of constantly evolving technology and consumer preferences.

Anson Martin, Burroughs CEO, said, "We are excited to bring TransacTec to market. This is a game-changing innovative solution for our current and future customers, by integrating transaction technologies into a holistic solution in an affordable, easy to consume form. There are so many great technologies available to provide significant benefits to many businesses for; security, operational efficiency, business insights and more. However, these solutions are expensive and complex to onboard, implement, and maintain. TransacTec is the 'easy button' to removing the barriers of adoption."

Now available, click here to learn more about TransacTec Device as a Service

About Burroughs

Burroughs is the largest independent service and integration provider for payment and transaction technologies in North America, and with a 134-year history of helping customers advance their cash management operations, Burroughs is the trusted partner for the full lifecycle management of technology ecosystems.

Contact
Erin Denney-Thompson
***@burroughs.com


Photos: (Click photo to enlarge)



Read Full Story - Burroughs Introduces TransacTec™ Device as a Service – The Future of Transaction Technology | More news from this source

Press release distribution by PRLog

More News

Former Port Adelaide player Daniel Stewart dies, aged 37
Oct 24, 2026
Former Port Adelaide player Daniel Stewart dies, aged 37

The AFL community is in shock over the sudden death of Daniel Stewart, aged 37, who played for Port Adelaide from 2010-2013.

Ukraine’s Starlink woes should be a wake-up call for Taiwan, analysts say
Oct 24, 2026
Ukraine’s Starlink woes should be a wake-up call for Taiwan, analysts say

Taiwan should not rely on a single foreign satellite provider for critical wartime communications, analysts have warned, after sudden restrictions on the use of Elon Musk’s Starlink disrupted Ukrainian drone operations. The episode has renewed debate in Taiwan over the risks of entrusting essential communications to foreign commercial operators whose services could be restricted for political, military or business reasons. Analysts said this was particularly relevant as Taipei was trying to...

North Korean leader Kim Jong-un visits Chinese border city of Dandong
Oct 24, 2026
North Korean leader Kim Jong-un visits Chinese border city of Dandong

North Korean leader Kim Jong-un visited the Chinese border city of Dandong on Saturday, according to state news agency Xinhua. The trip, Kim’s first visit to China in more than a year, comes ahead of next month’s Asia-Pacific Economic Cooperation summit in the southern Chinese city of Shenzhen, where Donald Trump and other world leaders are expected to visit. He was accompanied by Wang Huning, China’s fourth-ranked official, according to Xinhua. Wang called on the two countries to expand...

Sheriff Chad Bianco asks Riverside County to foot legal bills over ballot seizure
Oct 24, 2026
Sheriff Chad Bianco asks Riverside County to foot legal bills over ballot seizure

The saga over Riverside County Sheriff Chad Bianco's seizure of hundreds of thousands of special election ballots has taken another turn, as a dispute looms over who should foot the bill for his legal defense.

Is Washington misreading Beijing? Decline in US visits to China sparks concern
Oct 24, 2026
Is Washington misreading Beijing? Decline in US visits to China sparks concern

When Grant Newsham, a retired US Marine colonel and security analyst, sat down for an interview that aired last month, he called China’s economic rise illusory and said there were “600 million Chinese at least who live on US$5 a day or less”. His remarks quickly drew online criticism as well as accusations that he was using outdated figures from 2020 while ignoring differences in purchasing power. Some commenters argued that uneven development was common across countries. Others questioned how...

Exceptionally high tides will swamp California, 'likely to get worse before it gets better'
Oct 24, 2026
Exceptionally high tides will swamp California, 'likely to get worse before it gets better'

Exceptionally high tides are set to hit California as early as this weekend, sending officials scrambling to prepare for another onslaught along the state's already battered coast. Significant coastal flooding is expected in some areas.

"A butter knife against a nuclear arsenal:" Tech billionaires vastly outspend wealth tax supporters
Oct 24, 2026
"A butter knife against a nuclear arsenal:" Tech billionaires vastly outspend wealth tax supporters

More than $351 million in political donations has been poured into a high-stakes contest about a proposed wealth tax on the November ballot, making it one of the most costly campaigns in California history.

Cox Plate as it happened: Stars align for Cosmic Crusader as trainer Andrea Leek makes history
Oct 24, 2026
Cox Plate as it happened: Stars align for Cosmic Crusader as trainer Andrea Leek makes history

Andrea Leek felt like an “imposter” after upstaging some of racing’s biggest names when Cosmic Crusader won a historic edition of the $6 million Cox Plate in front of 34,617 racegoers at Flemington.

‘Systematically dismantled’: Hegseth’s new offensive against China’s Confucius Institutes
Oct 24, 2026
‘Systematically dismantled’: Hegseth’s new offensive against China’s Confucius Institutes

Just weeks before Donald Trump’s second trip to China this year and his third meeting with President Xi Jinping, whom he has called a “truly great” friend, his administration is intensifying its crackdown on Confucius Institutes – Beijing-backed centres that promote Chinese language and culture at universities abroad. Long viewed by critics as instruments of Beijing’s soft power and cultural diplomacy, the institutes are back in the crosshairs of US Defence Secretary Pete Hegseth, who says the...

33 held in crackdown on credit card theft ring targeting Hongkongers in Shenzhen
Oct 24, 2026
33 held in crackdown on credit card theft ring targeting Hongkongers in Shenzhen

Hong Kong and mainland Chinese police have arrested 33 people in a joint crackdown on a syndicate that allegedly stole credit cards from residents who had travelled north to Shenzhen, with losses exceeding HK$1.8 million (US$229,500). Superintendent Tsang Chun-kit of the Crime Kowloon East Regional Headquarters said on Saturday that “card carriers” then immediately crossed the border to buy mobile phones and resell them for cash, all before the victims could realise what had happened. “All the...

Thousands evacuated and flights grounded as Typhoon Champi hits eastern China
Oct 24, 2026
Thousands evacuated and flights grounded as Typhoon Champi hits eastern China

Typhoon Champi continued to batter China’s eastern coast on Saturday, grounding over a hundred flights and prompting the authorities to relocate tens of thousands of people, while weakening as it moved towards Japan. Flights from airports in Shanghai as well as Fujian and Zhejiang provinces were grounded. China Eastern Airlines said it had cancelled 39 domestic flights to and from Shanghai’s two main airports while flights to and from the cities of Fuzhou and Wenzhou were also affected. The...

Young driver rescued in Queensland floodwaters
Oct 24, 2026
Young driver rescued in Queensland floodwaters

A young driver has survived a terrifying plunge into floodwaters on the Sunshine Coast, with rescuers reaching the man in the nick of time.

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.


News On Express

Fills you in with all the breaking world news and brief news articles so that you can read them on-the-go. Grab yourself a coffee and enjoy reading on News On Express.

NEWSLETTER

Copyright © 2015 - 2026 News On Express. All Rights Reserved.