Merchant acquirers, financial institutions and any organization involved in the processing of payments from Point of Sale (POS) systems and the many forms of eCommerce and Mobile payments use NewNet Secure Transaction solutions for secure transport of payment data.
NewNet’s Secure Transactions Group was formed with the acquisition of Traxcom Technologies in 2011, an organization that originated in 1989 under the ownership of U.S. Robotics and later developed by 3Com and UTStarcom.
Telecommunication carriers, Small and Medium Enterprises (SME), Wireless ISPs, Smart Grid, and rural/underserved regional providers use NewNet WiMax solutions to deliver services such as high-speed Internet, IP telephony, Wi-Fi offload and smart meter service. WiMax (Worldwide Interoperability for Microwave Access) is a wireless networking technology based on the 802.16e standard that enables high speed data and voice transfer over long distances.
NewNet’s WiMax Group was formed with the acquisition of the former Motorola Solution’s WiMax business from Nokia Siemens Networks in 2011.