SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Lexcel Solutions, Inc., the leading provider of business virtualization software and services for the payment technology industry, announced that Cardtronics, the world leader in managing self-service financial kiosks, has signed on to implement Lexcel’s TestSystem Network, a technology platform providing a complete solution for testing transaction authorizations against regional and global ATM/POS networks.
Lexcel’s system enables processors to efficiently gain network pre-certifications and strengthen their processing environment by providing them the ability to configure the test system to their own unique requirements. Lexcel’s packaged testing products facilitate the introduction of new functionality into processing environments in an automated fashion, which enables Cardtronics to focus more of its resources on delivering ATM management, placement, and processing solutions to its customers.
“By using Lexcel software, we save on development costs associated with programming and maintaining in-house simulators and also save on billing costs associated with online testing with our partners,” said Prasad Gangaraju, Director of EFT Operations at Cardtronics.
“Network compliance is extremely complex, and testing procedures are traditionally expensive and time consuming,” said Carl Kubitz, president and chief executive officer of Lexcel. “Our TestSystem Network offers a strong third party application for businesses like Cardtronics seeking experience and proficiency, as well as cost savings in transaction processing.”
Lexcel’s TestSystem Network enables complete and accurate execution of tests 24 hours a day, seven days a week, providing a complete testing solution from transaction origination through authorization. By analyzing the characteristics of transactions, the advanced program ensures compliance with network and business mandates. TestSystem Network performs a wide range of transaction processing services including calculating conversion rates and currency conversions, while also delivering the ability to accurately test production-like scenarios in an offline environment. The program also facilitates the simulation of over 70 Processor, Network, Association, or Gateway Switch transaction formats.
Headquartered in Houston, Texas, Cardtronics (Nasdaq:CATM) is the world's largest non-bank owner of ATMs. Cardtronics operates over 33,700 ATMs across its portfolio, with ATMs in every major market in the United States (including the U.S. territories of Puerto Rico and the U.S. Virgin Islands), more than 2,700 ATMs throughout the United Kingdom, and more than 2,800 ATMs throughout Mexico. Major merchant clients include 7-Eleven®, Chevron®, Costco®, CVS®/pharmacy, ExxonMobil®, HESS®, Rite Aid®, Safeway®, Target® and Walgreens®. Complementing its ATM operations, Cardtronics works with financial institutions of all sizes to provide their customers with convenient cash access and deposit capabilities through ATM branding and surcharge-free programs, with currently more than 11,700 Cardtronics owned and operated ATMs featuring bank brands. More recently, Cardtronics started offering a managed services solution to retailers and financial institutions that are looking to outsource some or all of the operational aspects associated with operating and maintaining their ATM fleets. For more information, please visit www.cardtronics.com.
About Lexcel Solutions, Inc.
Lexcel creates business virtualization software and provides services for the EFT industry uniting superior products with industry expertise. Lexcel products test, certify and validate system optimization and complex business rules ensuring that wherever your organization is within the transaction lifecycle, Lexcel is your only end-to-end solution. More information on Lexcel’s end-to-end testing solutions can be found at www.lexcel.com.