New Edge Networks is building a network of direct connections to various back-office online solutions providers including payment processors, payroll services, health benefits management companies, IT help desks, kiosks, digital video display or monitoring services and ATM network providers. By using direct connections to pre-determined suppliers, retailers avoid installing and paying for separate dedicated connections to the same firms, or through those firms’ headquarters where most companies aggregate and send traffic to their suppliers. Once on New Edge’s nationwide network, retailers cross-connect to their key suppliers and clearinghouses over a secure, private network. Direct connections allow retailers to connect directly to key vendors for improved operational efficiency; support low-latency, high-bandwidth retail applications; reduce labor costs by minimizing management of multiple connections at the corporate office; and add security with direct transport of POS traffic to payment processors.
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