TransACT

TransAct® Technologies to Showcase BOHA!® Suite at National Restaurant Association Show 2024

Retrieved on: 
Giovedì, Maggio 9, 2024

TransAct® Technologies Incorporated (Nasdaq: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, today announced that it will participate in the upcoming National Restaurant Association Show 2024.

Key Points: 
  • TransAct® Technologies Incorporated (Nasdaq: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, today announced that it will participate in the upcoming National Restaurant Association Show 2024.
  • The event is scheduled to take place from May 18 to May 21, 2024, at McCormick Place in Chicago, Illinois.
  • BOHA!®, the industry-leading suite of hardware and software solutions designed for food service operations, will take center stage at TransAct’s booth.
  • At booth #7250, attendees of the National Restaurant Association Show will have the opportunity to witness firsthand how BOHA!

TransAct Technologies Reports Preliminary First Quarter 2024 Financial Results

Retrieved on: 
Martedì, Maggio 7, 2024

TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary results for the first quarter ended March 31, 2024.

Key Points: 
  • TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary results for the first quarter ended March 31, 2024.
  • FST Recurring Revenue: FST recurring revenue for the first quarter of 2024 was $2.4 million, up 3% compared to $2.3 million for the first quarter of 2023.
  • EBITDA: EBITDA was negative $966 thousand for the first quarter of 2024, compared to $4.2 million for the first quarter of 2023.
  • ET to discuss the Company’s preliminary first quarter 2024 results and other matters.

Transact Campus and Genea Partner to Revolutionize Door Access Solutions for Higher Education

Retrieved on: 
Giovedì, Maggio 2, 2024

As colleges and universities nationwide increasingly prioritize the modernization of their campuses through digital transformation, Transact Campus, Inc. , “Transact” the award-winning leader in innovative campus technology and payment solutions has partnered with Genea Security (Genea), a top provider of cloud-based access control.

Key Points: 
  • As colleges and universities nationwide increasingly prioritize the modernization of their campuses through digital transformation, Transact Campus, Inc. , “Transact” the award-winning leader in innovative campus technology and payment solutions has partnered with Genea Security (Genea), a top provider of cloud-based access control.
  • Through this partnership, Transact is set to redefine how colleges and universities manage door access systems.
  • "Our collaboration with Genea marks a significant milestone in our commitment to providing innovative and integrated solutions for higher education,” said Rasheed Behrooznia, Senior Vice President and General Manager of Campus ID at Transact.
  • By harnessing Transact's extensive and stable customer relationships, Genea is poised to further its position in the higher education market.

Quickcharge and Amazon Just Walk Out technology power hospital café, enabling employees to pay by badge

Retrieved on: 
Mercoledì, Aprile 24, 2024

In the case of payroll deduction, Quickcharge seamlessly integrates with BayCare’s HR/payroll solution to automatically facilitate this process.

Key Points: 
  • In the case of payroll deduction, Quickcharge seamlessly integrates with BayCare’s HR/payroll solution to automatically facilitate this process.
  • Employees can view their receipts and account balances through the Quickcharge mobile app or web portal.
  • BayCare benefits from a lower support cost for running a nearly 24/7 café, while hospital employees save time and enjoy a smoother experience with frictionless checkout.
  • “As a healthcare organization, our people come first, both our patients and those working hard to care for them around the clock–our employees.

USEFULL and Transact Partnership Creates Seamless Integration Between Student Campus ID and USEFULL’s Reusable Takeout Technology

Retrieved on: 
Lunedì, Aprile 22, 2024

As sustainability continues to drive business trends for university campuses, USEFULL and Transact Campus (Transact) have announced a partnership to bring fully integrated checkout and returns of USEFULL’s sustainable takeout containers within higher education with the Transact Campus ID solution.

Key Points: 
  • As sustainability continues to drive business trends for university campuses, USEFULL and Transact Campus (Transact) have announced a partnership to bring fully integrated checkout and returns of USEFULL’s sustainable takeout containers within higher education with the Transact Campus ID solution.
  • View the full release here: https://www.businesswire.com/news/home/20240422367194/en/
    USEFULL and Transact Partnership Creates Seamless Integration Between Student Campus ID and USEFULL’s Reusable Takeout Technology (Photo: Business Wire)
    Now available at campuses across the country that use Transact services, students can use their campus ID cards or mobile credentials to seamlessly track checkouts of USEFULL’s stainless steel containers at dining halls.
  • Transact is the leader in innovative payment, contactless campus ID and commerce solutions for a connected campus.
  • Through their environmentally friendly takeout solutions, USEFULL and Transact are spearheading the shift toward eliminating single-use takeout items.

TransAct Technologies Reports Preliminary Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Martedì, Marzo 12, 2024

FST Recurring Revenue: FST recurring revenue for the fourth quarter of 2023 was $3.2 million, up 33% compared to $2.4 million for the fourth quarter of 2022.

Key Points: 
  • FST Recurring Revenue: FST recurring revenue for the fourth quarter of 2023 was $3.2 million, up 33% compared to $2.4 million for the fourth quarter of 2022.
  • Operating income (loss): Operating loss for the fourth quarter of 2023 was $(0.5) million, compared to operating income of $0.5 million for the fourth quarter of 2022.
  • EBITDA: EBITDA was $0.3 million for the fourth quarter of 2023, compared to $1.0 million for the fourth quarter of 2022.
  • Adjusted EBITDA: Adjusted EBITDA was $0.6 million for the fourth quarter of 2023, compared to $1.3 million for the fourth quarter of 2022.

Transact Launches Sponsor Payments to Modernize Bulk Payments of Student Tuition and Fees

Retrieved on: 
Martedì, Marzo 5, 2024

Transact Campus, Inc. , “Transact,” the award-winning leader in innovative campus technology and payment solutions, today announced the launch of Transact Sponsor Payments , a business-to-business payment portal for third-party payors to easily make bulk payments towards student tuition and fees to Higher Education Finance Offices.

Key Points: 
  • Transact Campus, Inc. , “Transact,” the award-winning leader in innovative campus technology and payment solutions, today announced the launch of Transact Sponsor Payments , a business-to-business payment portal for third-party payors to easily make bulk payments towards student tuition and fees to Higher Education Finance Offices.
  • Transact Sponsor Payments is implementing integrations across a variety of Student Information Systems, opening it up to a wide array of universities.
  • “Historically, university payment systems for third-party sponsor payments have been manual and time-consuming, adding complexity to collecting and reconciling tuition payments in a timely fashion,” said Laura Newell-McLaughlin, EVP, Integrated Payments and Campus Commerce at Transact.
  • “With Transact Sponsor Payments, we’re bringing universities, sponsors and students a tool that simplifies the billing and payment process for all.”
    Transact Sponsor Payments automates sponsor payment processes in a streamlined portal that’s seamlessly integrated into existing payment solutions.

Genesys Technologies and MagTek, Inc. Partner to Integrate DynaProx BCR, a Contactless and Barcode Reading Device for Payments, Identification, and Access Control

Retrieved on: 
Martedì, Febbraio 27, 2024

SEAL BEACH, Calif., Feb. 27, 2024 /PRNewswire-PRWeb/ -- MagTek, a global leader in secure payment technology, and Genesys Technologies, a pioneer in unattended payments for the self-service cleaning industry, launches CryptoTap Plus, a cutting-edge contactless, wireless payment technology designed for car washes and laundromats. This innovative solution seamlessly integrates MagTek's DynaProx BCR, ensuring durability and efficiency in challenging environments.

Key Points: 
  • "DynaProx is rugged, easy to integrate with, and its barcode scanner lens is ingeniously positioned to prevent water, lint, and dirt from collecting."
  • Tap payments, backed by major banks and card issuers, are fast, convenient, and cater to the evolving needs of consumers.
  • The compact footprint of the MagTek DynaProx BCR device facilitates swift installation, even in locations traditionally reliant on coin operations.
  • DynaProx is rugged, easy to integrate with, and its barcode scanner lens is ingeniously positioned to prevent water, lint, and dirt from collecting.

TransAct Announces BOHA! Solutions Order from Regional Assisted Living Communities

Retrieved on: 
Giovedì, Gennaio 18, 2024

TransAct® Technologies Incorporated (Nasdaq: TACT) (“TransAct” or “the Company”), a global leader in software-driven technology and printing solutions for high growth markets, today announced that it has delivered an order from a new assisted living customer for the BOHA!

Key Points: 
  • TransAct® Technologies Incorporated (Nasdaq: TACT) (“TransAct” or “the Company”), a global leader in software-driven technology and printing solutions for high growth markets, today announced that it has delivered an order from a new assisted living customer for the BOHA!
  • Sense software application across all 87 owned communities.
  • The total deployment will include approximately 1,200 sensors, 240 Gateways, and ongoing access to BOHA!
  • platform for this new client,” said John Dillon, CEO of TransAct Technologies.

TransAct Receives U.S. Approval for BOHA! Terminal 2 from Leading QSR

Retrieved on: 
Giovedì, Gennaio 4, 2024

Based on the approvals, TransAct began shipping pre-orders and stocking orders in the U.S. and multiple international markets before the end of 2023.

Key Points: 
  • Based on the approvals, TransAct began shipping pre-orders and stocking orders in the U.S. and multiple international markets before the end of 2023.
  • This announcement follows overseas approval which was previously announced on the Company’s Third Quarter 2023 earnings call.
  • Terminal 2 would meet their goals for flawless operational execution and improved efficiency throughout all of their locations,” said John Dillon, CEO of TransAct Technologies.
  • from supporting just three languages, to supporting over ten, giving TransAct the ability to distribute our BOHA!