Trintech wins four new customers for PayWare ReconNET

Trintech (Nasdaq:TTPA), which provides secure electronic payment infrastructure solutions, has announced that four major restaurant chains in the U.S. have selected PayWare ReconNET, the company's industry-leading deposit verification and credit card reconciliation solution.

The four companies, Carlson Restaurants Worldwide, Panera Bread Company, Boddie-Noell Enterprises, and Braum's Ice Cream, bring the total of ReconNET customers in the restaurant sector to 35. Combined, the four restaurant companies have an annual revenue of approximately $3.5bn (€4bn) and include well-known international restaurant brands such as TGI Friday's and Hardees.

According to studies conducted by Trintech, the deployment of ReconNET should allow these companies to reduce their costs and improve operational efficiencies, and so boost operating results. ReconNET 6.0 includes accelerated search and interactive reconciliation capabilities and a number of enhanced features such as bank-to-book reporting improvements, advanced fiscal calendar capability, improved ease-of-use and enhanced administrative tools.