First of Omaha and PreNet deliver wireless eftpos terminal

First of Omaha and PreNet deliver wireless eftpos terminal

First National Bank of Omaha's credit card processing subsidiary is to process wireless transactions conducted over the PreCash Express Terminal from Oregon-based PreNet.

A customised Dassault AT Talento, the terminal enables retailers to process PreCash transactions. PreCash is an electronic payment card that links customers to their wireless account, enabling them to "refill" or make payments to their accounts at any PreCash refill location. The cards use existing bankcard networks, and can either be processed on a retailer's existing POS device or on the new Express Terminal.

The terminal can also be used to process a full range of credit card transactions.

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